-Live Mint Government rejects coal price pooling, moves closer to allowing projects assured fuel linkages by CIL to import coal The government rejected a proposal to pool coal prices and instead moved a step closer to allowing power projects that had been awarded through competitive bidding and assured fuel linkages by state-owned miner Coal India Ltd (CIL) to import the fuel and pass on the incremental costs as higher electricity tariffs. Price pooling...
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Independent judiciary and interest groups -Shruti Rajagopalan
-The Hindu Business Line After the 1980s, special interest groups have preferred to knock on the doors of the judiciary. In India today, matters of public interest seem to get their due only when the Supreme Court has added its two cents. Interest groups, representing both general and special interests, petition the judiciary actively. In an era where virtually all institutions in India have been vulnerable to political capture, the judiciary seems like...
More »Land Bill misses ground picture -Sanjoy Chakravorty
-The Hindu Business Line The Bill does not take into account the extremely varied nature of land markets. It looks like the Land Acquisition, Rehabilitation And Resettlement Bill is going to be finally presented in Parliament for passage in the current session. The full details of what is in the current Bill aren't known because over 150 amendments may have been made to the last version that was available for public scrutiny. But...
More »Caught in desi ponzi schemes
-The Hindustan Times The sorry plight of thousands of small savers duped by a deposit-collecting firm in West Bengal is, perhaps, symptomatic of a wider malaise that runs deep in the Indian economy. What if a company asked you to invest Rs. 200,000 and promised to give you Rs. 8,000 a month for five years and a swanky sedan at the end of the fifth year? What if a company asked...
More »Supreme Court and the aam aadmi -G Mohan Gopal
-Frontline It is the goal of social revolution that connects the aam aadmi to the judiciary and to its highest institution, the Supreme Court of India. By Prof. G. MOHAN GOPAL WHAT should be the appropriate mea-sure of the relationship between the apex court of a country and its common people? Should an apex court be evaluated by who invokes its jurisdiction, from which area and for what purpose? Is an apex...
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