The government's move to make tax evasion a criminal offence has drawn strong criticism from former policymakers and commentators, who say if such a move is implemented it will hurt economic activity, undo years of tax reforms and increase harassment. A panel headed by Central Board of Direct Taxes chairman Prakash Chandra, which held its first meeting on Thursday, will examine the proposal. The proposal appears to have been made because...

In August last year, Maruti was one of the two case studies presented at a Confederation of Indian Industry (CII) seminar on contract labour for the way the automobile company had “engaged with its contract labour”. It is ironic that less than a year later, the company is in the middle of an indefinite strike by 800 of its workers who are demanding a permanent absorption of contract workers at the...

Every year, industrial development projects displace about 10 million people globally. In India alone, involuntary resettlement has affected about 50 million people over the last five decades. Three-fourths of them still face an uncertain future. People displaced by such projects are prone to being rendered landless, jobless, homeless and marginalised. Yet, the policies and programmes related to their relocation and rehabilitation are yet to find satisfactory answers to questions like: Is...

Development has a multiplier effect in terms of employm-ent, secondary activity and revenue to state, while delay entails loss for everybody. Tolstoy’s famous question, “How much land does a man require?” was answered when the Count who had ruthlessly exploited his serfs was buried in a grave measuring 7x4x4 feet. And that, Tolstoy concluded, was all the land a man requires. Is corporate and infrastructural greed in India today destroying the small,...

Is it the end of the road for the Lokpal panel? Talks between the government and social activists could be headed for a collapse after they disagreed on all key issues – Anna Hazare's team has threatened a walkout if the prime minister is exempted from the bills ambit. Fearing a repeat of the Anna movement, the government is trying to persuade Baba Ramdev to call off his hunger strike that...