-The Indian Express   Pitching for changes in laws to deal with corruption, the Prime Minister's Chief Economic Advisor Kaushik Basu has said bribe-givers should not be penalised in case he has to pay money for getting the work done. In his revised paper to deal with corruption, Basu argued bribe giver could be penalised only if he or she benefits from government contracts. But in that case too, the penalty for bribe...

Global retail chains looking to set up shop in India may face several challenges such as delay in the implementation of goods and services tax and restrictions imposed by the Agricultural Produce Marketing Committee (APMC) Act, besides political opposition. These hurdles can be roadblocks in providing real benefits to farmers and consumers as intended by the government in opening the multi-brand retail sector to foreign direct investment. “GST (goods and services tax)...

Karnataka, India’s IT success story and its most preferred destination for foreign investment, boasts of the country’s highest per capita income. Its economic indicators are nothing short of superlative and yet the South Indian State accounts for thousands of child deaths due to malnutrition. A recent report shows that despite high SGDP growth and heightened economic activity, Karnataka fares poorly in hunger index and child malnutrition. A recent report by news...

-The Hindu   “If the law of the market is ignored, then no government policy, however well intended, is going to work”, Chief Economic Advisor to Government of India Kaushik Basu said at a conference on the Indian health sector here on Friday. He referred specifically to how 44 per cent of the food grain meant for the poor never reaches them through the Public Distribution System and said that this needs...

-The Indian Express   Migration of labourers from Bihar in search of livelihood to places like Punjab and Delhi has declined by over 26 per cent, thanks to initiatives taken by the Nitish Kumar government in the past five years to check their exodus, according to a survey report. Flight of unskilled workers from Bihar to different parts of the country came down by 26.53 per cent in 2006-08 as compared to 2001-03,...