India needs sustainable political and governance reform, not 'Mr India'-type prime-time populism Anna Hazare got his timing right, as Kumar Ketkar, a distinguished journalist from Mumbai, put it. Considering this was obviously planned as a television-based mobilisation of middle-class India, pitching it between the cricket World Cup and the Indian Premier League series was perfect timing. Even as Mr Hazare fasted, a large number of his supporters joined him between meals,...

It's Sharad Pawar's old habit of indulging in corruption. Yes, I am levelling charges. Take me to court, I will prove the allegations," said activist Anna Hazare in New Delhi, as he began his fast unto death strike against corruption on Monday. Hazare's is campaigning for a compressive Lok Pal Bill to give wider powers to the ombudsman to check corruption attracted a huge crowd of over 3,000 people at Jantar...

After the sanctioning of education loans, the public and private sector commercial bankers have shown almost no interest in sanctioning farm loans this year. The farmers in Madhya Pradesh continue to face financial strain and have stayed away from bankers. But the bankers consider last year’s debt waiver scheme being responsible for the low agri credit flow. While state-owned cooperative bankers moved ahead in sanctioning and disbursing priority sector advances, private...

It has been lauded as one of the most promising ways of using the market to reduce poverty and boost economies in some of the world's most deprived areas. But in recent months the work of microfinance institutions (MFIs), which provide small loans to poor people with no access to traditional banking services, has come under scrutiny after a spate of Suicides in the Indian province of Andhra Pradesh was linked...

Judicial review of executive action is not unique, but the remedy in the CVC case is a departure from the court's record of approach to corruption. THE Supreme Court's decision to declare the appointment of Chief Vigilance Commissioner (CVC) P.J. Thomas as non-existent in law has stimulated much debate. The political fallout of the ruling has been widely studied, with pundits pondering over how seriously it may impact the Prime Minister's...