-Outlook Corporate karza maafi reaches new heights, social spending new lows This year's budget write-off in customs duty on gold, diamonds and jewellery (all aam aadmi items, of course) is Rs 75,592 crore. That's well over twice the "record" amount allocated to the Mahatma Gandhi National Rural Employment Guarantee Scheme. As Prof Jayati Ghosh points out, the MNREGA has given billions of person-days of work to tens of millions of poor...

-The Hindu The Law Commission has recommended that newspaper advertisements on the eve of elections be banned. In a report released on Thursday, the commission wanted Independent candidates to be barred from contesting elections, and paid news made an electoral offence leading to disqualification. Headed by Justice A.P. Shah, the commission submitted its 255th report, on the issue of electoral reforms, to the Union Law Ministry. Noting that the ban on broadcast...

-Hindustan Times New Delhi: The government decided to bar the telecast of a documentary by British filmmaker Leslee Udwin on the December 2012 Delhi gang-rape, with home minister Rajnath Singh telling Parliament he was "stunned and deeply hurt" when he heard about the controversial interview of one of the convicts. Rejecting a request from India not to telecast the documentary, the BBC aired it in the early hours of Thursday (Indian time). But,...

-The Hindu The Budget overlooks the fact that human capabilities are as important as physical capital for economic growth and the quality of life. It goes back to the days when growth and development sounded synonymous, physical capital was thought to be the key, and human capital took a back seat Once upon a time, around the end of the Second World War, there was a naive view in development economics that...

-The Telegraph New Delhi: Finance minister Arun Jaitley has slashed the overall allocation for Dalits and tribals in his budget compared with last year's proposals in a trend critics fear could see the "last man" gradually becoming the "lost man". The Media, too, came in for criticism for giving the "impression" that the country had no SC/ST citizens. Jaitley yesterday set aside Rs 30,851 crore for Scheduled Castes and Rs 19,980 crore for...