-The Hindu It is not the responsibility of the government alone to act in order to curb corruption; corporate firms need to be proactive as well in checking fraudulent financial practices The winter session of Parliament witnessed a noisy debate on the black Money controversy. Governments of all hues have disappointed the Indian janata on the issue of black Money and the failure is often associated with a perceived nexus between politicians...

-The Telegraph New Delhi: Bengal appears to have emerged as one of the best performers in implementing the rural job scheme, rising to fourth on the list from being one of the laggards even two years back. According to figures with the rural development ministry, the state has generated over 11.3 crore persondays of work since April, next only to table-topper Tamil Nadu, Andhra Pradesh and Rajasthan. Till 2012, it was among the...

-The Hindu Irrespective of fuel costs, investing in a robust public transport system alone can save the day Whenever news about a fall in oil prices hits the headline, the first to cheer are car users. "I can save up to Rs. 2,700 every month now. That means I can put this Money to better use elsewhere," a journalist-friend recently said with a sigh of relief when asked to respond to the...

-The Hindu Providing people with a modest basic income instead of subsidies would save public revenue With oil prices falling, it was perhaps a good time to fade out fuel subsidies. All subsidies are inefficient and distortionary, and most are regressive. The same could be said of costly public works schemes as well. By contrast, the debate on direct benefit transfers has moved into a more sensible phase, with the posturing criticism of...

-DNA It's a misconception that high economic growth translates into employment A recent report prepared by the consultancy firm PricewaterhouseCoopers for the Confederation of Indian Industry (CII) harps on the usual premise of boosting economic growth as the basis for job creation. Accordingly, it will still take 20 years to remove unemployment even if India grows at an annual growth rate of 9 per cent. This is exactly what we were...