India's government has an ambitious plan for eradicating hunger in the country. Unfortunately, it may be going about it the wrong way. The National Food Security Bill that New Delhi intends to implement this year will make food a legal right for every citizen, including the millions of poor and underprivileged. No doubt the motive is right: India has one-fourth of the world's hungry poor, according to United Nations statistics. But merely...
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Budget falls short on basics by PV Indiresan
The Budget should be an instrument of economic discipline and a promoter of healthy social development. As it is, it is like a leaky tap; it cannot halt inflation without disciplining political skulduggery. March 21, 2011: A lot has been written about the Budget, how it affects this or that industry or business, or how it will increase or decrease the GNP growth rate. Undoubtedly, all those factors are important. But...
More »India's perilous road to transparency by Soutik Biswas
Asking questions can cost your life in India - even if the right to solicit information is protected by law. Amar Nath Deo Pandey is luckier - in less than a week, he appears to have escaped two attempts on his life in a nondescript town in India's most populous state, Uttar Pradesh. More than five years after the introduction of a landmark law that allows Indians to access information held by...
More »Bribery charge must now be investigated by Siddharth Varadarajan
The Embassy cable suggests a serious crime was committed on Indian soil to which U.S. diplomats were privy. The Prime Minister cannot cite lame arguments to justify inaction. Since politics is a distraction, consider the following retelling of the WikiLeaks tale. An activist dies in a traffic accident. CCTV footage from a bank nearby suggests he might have been murdered but the case is never investigated properly. Three years later,...
More »Tackling the blight of misgovernance by Minhaz Merchant
Global business abhors uncertainty. The ministerial-level corruption in UPA-II has slowed FDI and FII inflows. The stock market, despite double-digit corporate profit and 8.6% GDP growth, reflects the anxiety of Indian and foreign investors. To take India's growth story forward in the 20th year of economic reforms, political reforms must catch up. Misgovernance won't do in a globalised, interconnected world. Two kinds of political corruption blight India: episodical and ongoing. Episodical...
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