Illegality in India today touches almost every economic activity. It is both systemic and systematic. The Indian ruling class faced its severest crisis of credibility in 2010. Its past caught up with it and skeletons and scams were spilling out of its closets. The scams have a symbiotic relationship with the black economy. The number of scams is growing and so is the size of the black economy, which has reached...
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Work on slush cash data by Jayanta Roy Chowdhury
The Centre has signed deals or is in talks with 78 countries besides Switzerland to amend double taxation avoidance treaties to facilitate information-sharing on slush funds held by Indians abroad. These countries include Mauritius, Brazil, Canada, Italy, the UK, the US, the UAE and the Channel Islands. The Swiss parliament is set to ratify the tax treaty with changes which will allow India to gain access to information on black money held...
More »Paranjoy Guha Thakurta, journalist interviewed by Krishnakumar Padmanabhan
Hidden behind all the administrative scandals that rocked India in 2010, illegal mining is an unnoticed beast that has been eating into the country's soul. While corruption in spectrum allocation and the conduct of the Commonwealth Games are primarily about monetary loot, illegal mining is about invaluable non-renewable natural resources. In at least five major states, there were more than 20,000 complaints of illegal mining filed, but the perpetrators carried on with...
More »A tough innings at the helm by Rajdeep Sardesai
It has been a challenge guiding the Editors Guild of India over two years, in what are difficult times for the Indian media. Two years ago, when I was asked to become the President of the Editors Guild of India, I did so with some trepidation. The Guild had a formidable reputation of having been at the forefront of editorial integrity and independence. Set up in the Emergency years, it emerged...
More »India-EU Deal Threatens Mom-and-Pop Retail by Ranjit Devraj
Retail giants pushing the European Union-India free trade deal promise consumers a "new and dynamic retail experience" but ignore the fate of India’s "mom-and-pop" stores and some 40 million people they employ. Four years in the making, the EU-India Bilateral Trade and Investment Agreement made serious headway during Indian Prime Minister Manmohan Singh’s visit to Brussels Dec. 10 and is due to be signed and sealed early 2011. But the negotiations have...
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