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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WikiLeaks cash-for-votes exposé rocks Parliament by Vinay Kumar
The Hindu report creates a storm; Opposition wants Manmohan to deny the charge or quit Government survives “on the strength of a political sin” Yechury: gross moral de-generation and crass political opportunism Proceedings in both Houses of Parliament were marred on Thursday by repeated adjournments and uproar as a united Opposition demanded the resignation of Prime Minister Manmohan Singh following fresh disclosures alleging bribing of MPs during the July 2008 confidence vote, which...
More »Advani targets PM, Left says C in Congress stands for Corruption
A WikiLeaks cable that suggests the Congress was paying MPs to support the government during a vote of confidence has triggered a ferocious new assault on the government by the Opposition. "This government must quit," said LK Advani, BJP leader, adding that "The PM must take responsibility and resign...he has no moral authority to lead the government." The Indian players who star in the cable have denied its claims. Pranab...
More »6,348 tons of stored foodgrain damaged in 2010-11: Thomas
About 6,348 tons of foodgrain stored in various government outlets across the country were damaged primarily due to storage pest attack and leakages in godowns in 2010-11, a fact which does not go down well for the country's food security. “The foodgrain get damaged due to various reasons such as storage pest attack, leakages in godowns, procurement of poor quality stocks, during movement of stocks, exposure to rains, floods, etc,” Union...
More »There are enough rules to check quality of GM seeds: Govt
The government today said it has adequate regulatory provisions to check the quality of genetically modified (GM) seeds such as Bt Cotton introduced by companies in the country. “The government has adequate regulatory provisions under the Seed Act, 1966, Seed Rules, 1968 and Seed Control Order, 1983 to check the quality of seeds introduced by companies in India,” Minister of State for Agriculture Harish Rawat said in a written reply to...
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