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...

Going with its slogan: “Our money our right,” the Shillong declaration of the 3rd National Right to Information Convention today resolved that the Central Government must subject “all public expenditure under social audit.” It was by far one of the most crucial of the other 11 resolutions passed in the Shillong Declaration and was only included after the strong insistence of RTI activist, Aruna Roy. She was amply supported by some...

The draft bill from the mines ministry that is meant to begin the overhaul of India’s outdated and archaic mining regulations — the Mines and Minerals (Development & Regulation) Bill, 2010 — had already been generally agreed to by the group of ministers scrutinising the legislation. Yet the deputy chairman of the Plan- ning Commission, Montek Singh Ahluwalia, has made a telling point or two about a particular provision in the...

India missed a unique opportunity to place one of its leading lights in the field at the head of the United Nations Food and Agriculture Organisation (FAO) as their candidacy was offered too late for the 2005 election, a leaked cable dated July 28, 2004 ( 19191: confidential) from the U.S. Mission to the United Nations has revealed. The names of Dr. M.S. Swaminathan, the driving force behind India's Green Revolution,...

The recently concluded 15th Indian National Census is an exercise of staggering magnitude — by any standard. For perspective: the decennial Census covered an area of 3.27 million sq. kms, that included 640 districts, 5,767 tehsils, 7,742 towns and over 600 villages. Primary data on 1.2 billion people would be collected by over 2 million enumerators, specially trained for the purpose. The total cost of the exercise is conservatively estimated...