Nobel laureate Amartya Sen believes that Team Anna's reading of corruption or what causes corruption or how it can removed is wrong, and that they need to look at how the economic system operates.   In an exclusive interview with CNN-IBN Deputy Editor Sagarika Ghose, Nobel laureate Amartya Sen said that instead of fasting and protesting, one should try and change the systems that provided incentives for corruption. Below is the transcript of...

-The Business Standard Consumers say they cannot buy branded FMCG items in mobile phones, customers opt for low-end handsets while retaining brand loyalty Last year, Ashok Das, a farmer-cum-fisherman from the small industrial town of Rishra in the Hooghly district of West Bengal, had promised his younger son a branded television. But last year’s bad crop output and this season’s deficient monsoon made him change his plans and finally settle on a...

-IANS  Terming India as world's capital for open defecation, Drinking Water and Sanitation Minister Jairam Ramesh Thursday said that 100,000 "bio-toilets" will be installed in about 300 backward gram panchayats in the next two years at a cost of Rs.150 crore. "We are the world's capital for open defecation.  It is a matter of shame, anguish, sorrow, anger," Ramesh said, noting over 60 percent of all open defecation takes place in India. Speaking at...

-The Hindustan Times In June 1992, Manmohan Singh, then finance minister in the Government of India, delivered the Foundation Day Address of the Society for Promotion of Wastelands Development (SPWD). He spoke on the topic ‘Environment and the New Economic Policies’. In his talk, Singh urged “objective standards industry-wise for safeguarding the environment, asking industry to certify compliance with these standards, institution of an effective system of verification and industry audit...

-The Telegraph Jamshedpur: Work is underway on turning former Maoist hotbed West Singhbhum’s Manoharpur block into a hub of model villages sponsored by Union rural development ministry, a separate project that will operate simultaneously with the much-hyped Saranda Action Plan (SAP). The ministry headed by Jairam Ramesh has asked the state forest department to study all the 56 villages of the block and chalk out an integrated development project under the banner...