Despite its slackening industry, the common perception of West Bengal as a backward state has little substance when one looks at the facts. Most of us are conditioned to view economic development in terms of industrialisation. While industrialisation is essential for economic transformation, it is not as if economic growth is not possible without it. The sectoral structure of India's gross domestic product (GDP) and its slow transformation makes a good...

Five years ago, the Prime Minister launched the Jawaharlal Nehru National Urban Renewal Mission (JNNURM), calling it the single-largest initiative of the government of India for a planned development of our cities. This unique, Rs 50,000-crore (subsequently enhanced to Rs 66,000 crore) programme to be implemented over a seven years from 2005 to 2012 focuses mainly on 65 mission cities with provision kept also for other small towns. While the...

The rapid growth of global markets has not seen the parallel development of social and economic institutions to ensure balanced, inclusive and sustainable growth. Although we may not have yet reached “the end of history,” globalisation has brought us closer to “the end of geography” as we have known it. The compression of time and space triggered by the Third Industrial Revolution —roughly, since 1980 — has changed our interactions with...

Between the technical rigour and finality of CAG audit and people's airing of grievances, a new audit system that subscribes to, and strengthens, open government may be waiting to be born. The new system is envisaged as one where the CAG’s formal audit includes the relatively new concept of community-led social audit . The Mahatma Gandhi National Rural Guarantee Act, 2005 (MGNREGA) presents an opportunity to do this. Traditionally, auditing is a...

The Congress has proposed the introduction of an RTI-like legislation exclusively for “corporate corridors”, floating what looks like a nascent idea at a time some industrialists have criticised the government after the leak of the Niira Radia tapes. The suggestion was made in the latest issue of the Congress mouthpiece Sandesh and released today at the plenary where Sonia made an anti-corruption drive the cornerstone of her speech. “The Right to Information...