Facing an impeachment motion, Calcutta High Court judge Soumitra Sen, who appeared before the Rajya Sabha today, claimed that he was being made the “sacrificial lamb to cleanse the judiciary”, and that the allegations of misconduct and misappropriation of funds against him were part of a predetermined move to remove him. Pointing a finger at former Chief Justice of India K G Balakrishnan for recommending his impeachment, Sen said: “The real...

MFIs in Andhra Pradesh are paying for the sins of their past. Market for new loans has dried up, banks have turned off their spigots while the AP government is content to sit back and watch. It has been eleven months since the Andhra Pradesh government issued an ordinance—later converted into the Andhra Pradesh Micro-Finance Institutions (Regulation of Money Lending) Act—which, the microfinance industry hoped, would be the magic remedy that...

Rattled by swelling political and public anger at the preventive arrest of activist Anna Hazare, the UPA government backtracked late this evening and announced his release to a street sensed of victory against a shaken ruling establishment. But signs that the panicked U-turn will bring the beleaguered government little relief were immediately visible as Hazare refused to leave Tihar Jail, demanding that he be guaranteed permission to fast at central Delhi’s...

By the time you read this, Anna Hazare would have started his fast and his well-fed handlers will be stationed in front of television cameras. Independence Day, grey and wet was a holiday with no breaking news, so after the Red Fort speech, all airtime was taken over by talking heads debating the Anna fast. The talks generate lots of heat: "Think about the future," or "Aren't we also members...

While diversion rates still remain high, Evidence seems to point to substantial improvements in the public distribution system around the country. It is well understood that a substantial proportion of the grain, mainly wheat and rice, that is meant to be distributed to eligible families under the Public Distribution System (PDS) ends up being sold in the open market by corrupt intermediaries, including some dealers who manage PDS outlets. The extent...