-NDTV Profit   Some of India’s biggest and most-respected entrepreneurs have released an open letter to the government. The group which includes Wipro’s Azim Premji, Anu Aga of Thermax and HDFC's Deepak Parekh, refers to the anti-corruption Lokpal Bill that is meant to be introduced soon in Parliament. The industrialists write, “The Lokpal Bill is only one small but critical step in the national task of weeding out the plague of corruption...

The Planning Commission’s poverty line affidavit has exposed how blissfully ignorant the glorified economists of the UPA are of the true reality of India The 2G spectrum scam, Commonwealth Games loot, cash-for-vote bribery, Lokpal fiasco, Pranab-Chidambaram duel on the Finance Ministry note, and the count goes on. It seems the UPA-II is stuck in a rut.  As if the battering by the united Opposition and hauling over the coals by civil...

As sex ratio worsens, Plan panel makes taboo proposal As the first line of defence against female foeticide, sex determination tests on pregnant women have been illegal in India for years. But in what could end up as a major policy shift, the Planning Commission is proposing relaxing the ban for rural areas as part of a programme of “adopting” female foetuses and generously incentivising families and health workers to ensure the...

The basic problem with the Approach Paper, as with its predecessor, is that its theoretical paradigm is wrong. WHAT used to be said of the Bourbon kings of France applies equally to the Indian Planning Commission: “They learn nothing and they forget nothing.” The Approach Paper to the Twelfth Five-Year Plan gives one a sense of déjà vu. It is hardly any different from the Approach Paper to the previous Plan...

The changing stances of the Planning Commission reflect the influence of the political climate. THE short note on the history of the Planning Commission on its website concludes thus: “For the first eight Plans the emphasis was on a growing public sector with massive investments in basic and heavy industries, but since the launch of the Ninth Plan in 1997, the emphasis on the public sector has become less pronounced and...