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FDI low in education, finger at bar on profit by Basant Kumar Mohanty

Foreign direct investment in education has been stuttering in India more than a decade after it was allowed, apparently because education is a not-for-profit sector where surplus revenue has to be ploughed back into expanding the institution. India’s education sector has witnessed significant expansion since the government approved FDI in April 2000, thus providing a huge opportunity for investment. Yet FDI remained zero in the first three years, increased till 2008-09...

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Govt accepts Kejriwal's resignation after six years

-PTI The government has finally accepted the resignation of Team Anna member Arvind Kejriwal from the Indian Revenue Service (IRS), almost six years after he quit the job. The acceptance of resignation came 45 days after Kejriwal deposited over Rs 9 lakh as dues to settle the issue. "The government has finally accepted my resignation from the Income Tax Department. I received the letter today," Kejriwal told PTI. He had quit the IRS...

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Status Update? Bad by Debarshi Dasgupta

Assailed from all sides, does the UPA really hope to recover its ‘image’ by muzzling online dissent? Kapil Sibal ko gussa kyon aata hai? Butt of online jokes: Politicians in 'tweaked' cinematic avatars. Out of the frying pan and into the fire. The UPA government has made it something of a fine art. Hardly had the ruckus over the decision to open up the retail sector to FDI died down than...

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Lopsided growth by Venkitesh Ramakrishnan

U.P.'s GDP grew at 7.28 per cent in the past five years, but the State ranks low in virtually every area of socio-economic development. IF statistics on gross domestic product (GDP) are the only criteria to evaluate the performance of a government, the Mayawati-led Bahujan Samaj Party (BSP) government in Uttar Pradesh will have to be rated as one with highly impressive credentials. For, India's most populous State has recorded a...

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Huguette Labelle, chairperson of Transparency International interviewed by ET

India has scored 3.1 (down from 3.3 last year) on a scale - where 10 indicates very clean and zero, highly corrupt - of Corruption Perceptions Index (CPI). The CPI focuses on corruption in the public sector, involving public officials, civil servants or politicians.  The data sources used to compile the index include questions relating to the abuse of power and bribery of public officials, kickbacks in public procurement, embezzlement of...

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