In an effort to break a deadlock in negotiations to save the planet from overheating, Union Minister of State Jairam Ramesh discarded overnight India’s policy of two years on global climate change.It’s a move that will likely win India international acclaim, but Ramesh must now prepare for fierce domestic criticism of his new stand that the country is willing to accept legally binding commitments in place of its oft-repeated policy...
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Panel proposes UID-linked direct subsidy by Utpal Bhaskar
The government is planning a complete overhaul of the way the power sector is financed and subsidies are delivered, attempting to address a funding shortfall delaying the construction of electricity projects and worsening a chronic power deficit that threatens to sap growth in India’s energy-hungry economy.This exercise is based on a report submitted by a panel headed by Montek Singh Ahluwalia, deputy chairman of the Planning Commission, to the power...
More »Perils of becoming a republic of scandals by Brahma Chellaney
Corruption, No. 1 national security threat, is eating into the vitals of the state, enfeebling internal security and crimping foreign policy. India confronts several pressing national security threats. But only one of them — political corruption — poses an existential threat to the state, which in reality has degenerated into a republic of mega-scandals. The pervasive misuse of public office for private gain is an evil, eating into the vitals...
More »25 years of Save Narmada Movement
Has Narmada Bachao Andolan (NBA), one of India’s best-known peoples’ movements, run out of steam? Or is it still relevant in its new avatar as a force to reckon with? After all, the NBA has failed to achieve its primary goal of blocking big dams on Narmada, including the Sardar Sarovar Dam in Gujarat. The short answer to the question of NBA’s achievement is that it has forced a paradigm...
More »India Stocks Sink on Telecommunications Scandal by Heather Timmons
A widening corruption scandal that has touched India’s prime minister sent the country’s stock markets down sharply on Friday and threatened to tarnish the country’s image as a rising economic power. Setting off the turmoil was a report from the country’s auditor earlier this week that about $40 billion in wireless spectrum license fees had been squandered by the government’s telecommunications and information technology minister. On Thursday, India’s Supreme Court criticized...
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