-The Times of India India's GDP growth rate may have dropped in the past few years but that has had little impact on the bottomlines of the country's leading political parties. The coffers of the main parties have been swelling, with the richest amongst them, the ruling Congress, having made a cool Rs 1,662 crore in the last five years till 2011-12 and the BJP in second place with Rs 852...
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Development as Right-Chandrashekhar Dasgupta
-The Telegraph Environmental activists have criticized the outcome of the recently concluded Rio+20 summit as insubstantial. They are not wrong, but they have missed the main point. There was a very real danger that, far from registering progress, the summit would actually mark a giant step backwards for sustainable development. Rich and powerful countries made a concerted attempt to actually undo and reverse the advances that were achieved 20 years ago...
More »The growth model has come undone-Mritiunjoy Mohanty
-The Hindu Unsustainable import competition and the end of the investment subsidy that the sale of under-priced resources provided to Indian companies are the main reasons why the economy has slowed down What has been called the ‘golden age’ of India’s Economic Growth was underpinned by global integration, high rates of investment and savings growth and low current account deficits. The slowdown is characterised by a sharp deceleration in investment growth on...
More »Dogged with corruption, drug regulation is in poor health and ineffective-Khomba Singh
-The Economic Times It's not just the drug regulator, where a parliamentary panel has alleged corruption, failing in its job. Drug regulation across entities that dot this broad landscape is in poor health and ineffective. In May, when a Parliamentary panel, during a routine examination of healthcare regulatory bodies, alleged corruption in the approval of new drugs, it was merely pointing out one symptom. Such symptoms pervade the entire drug regulation landscape,...
More »The Doctor Is In, But Only Just-Pragya Singh, Lola Nayar
The NAC lies defanged; the markets leap for joy at Manmohan’s & Co’s charge of a ‘new’ economy How swiftly things change. Just a month ago, the great Indian growth story was being written off. Now, the “new economy”, run by the PM-cum-FM, will sift through the rubble of under-seven per cent growth, find the hidden springs of recovery and throw in some reforms for good measure. A top taxman says...
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