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Carrots? Here’s A Stick! by Paranjoy Guha Thakurta

The PM, Raja, TRAI, telecom firms... the apex court lets no one off the hook The Supreme Court’s stinging judgement against the government in the 2G spectrum scam case is an extremely significant attempt by the country’s highest court to curb the corrupt nexus between business and politics and will further damage the UPA’s already battered credibility. The court’s decision will not merely have far-reaching consequences on India’s political economy,...

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Snakes and ladders by Amartya Sen

Like many board games that were developed in India, of which chess is perhaps the most important and famous, the game of “snakes and ladders” too emerged in this country a long time ago. With its balancing of snakes that pull you down and ladders that take you up, this game has been used again and again as a metaphor for life, telling us about our fortunes and misfortunes, and...

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SC scraps UPA’s Licence Raja by Krishnadas Rajagopal

Sending a clear message that the 2G spectrum allocation of 2008 is a scam and not the result of a government policy decision, the Supreme Court today quashed the grant of 122 UAS licences and allocation of spectrum to 12 private companies. Even as the trial in the 2G case progresses in a Patiala House trial court in Delhi, a bench of Justices G S Singhvi and A K Ganguly held...

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Court justifies judicial activism by Satya Prakash

Often criticised for alleged judicial overreach, the Supreme Court on Thursday justified its order cancelling 122 licences for 2G-spectrum, saying it was duty-bound to strike down policies that violate constitutional principles or were contrary to Public Interest. An apex court bench said this was needed to “ensure that the institutional integrity is not compromised by those in whom the people have reposed trust and who have taken oath to discharge duties...

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Budget 2012: Finmin seeks to blur plan-non-plan distinction by Devika Banerji & Deepshikha Sikarwar

The Planning Commission and the finance ministry are at odds over the accounting of plan and non-plan schemes in the budget.  While the finance ministry is pushing for inclusion of more than 10 non-plan schemes in the planned budget for the next financial year, the Planning Commission is resisting the move as it would eat into the share of existing schemes. The commission's reluctance follows an expected cut or flat allocation...

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