The Lokpal legislation, in whatever form, will not be the only law we have on corruption. Apart from statutes on prohibition of benami transactions and prevention of money laundering, there is the IPC (Indian Penal Code). Under Sections 169 and 409 of IPC, depending on the offence, public servants can face imprisonment (from two years to life) and fines. This wasn't enough of a deterrent and after Bofors, we had...

The anti-corruption campaigns that has brought politicians and businessmen under the scanner-especially their links with the builder community being exposed in recent scams-has got the real estate sector worried. A number of industry insiders and sleuths have confirmed that the flow of unaccounted money (or black money) in the system, a big source of funding for the sector facing funds crunch, will get disrupted. An unhealthy nexus between builders and politicians...

Tired of its own inefficiency in plugging leaks and ensuring timely delivery of ration, the Madhya Pradesh government has decided to take the privatisation route to improve its ailing Public Distribution System. The new system is being put in place by a corporate consortium led by HCL Infosystems with Edenred India Private Ltd ― a subsidiary of corporate meal voucher provider and multinational hospitality giant Accor ― and Virgo Softech Pvt....

Draft Bill on land acquisition pegs compensation on market value but how government agencies will reach this value remains a concern In response to farmers’ agitation in the last few years over faulty land acquisition and poor compensation—the Tata-Singur fiasco in West Bengal, Posco in Orissa or the recent farmers’ agitation in Noida—the ministry of rural development is planning to replace the archaic Land Acquisition Bill, 1894. It has come up...

The country’s first legislation on land acquisition, rehabilitation and resettlement is out as a first draft. Here is a sharp critique of the bill THE GOVERNMENT has made public the new Draft National Land Acquisition and Rehabilitation & Resettlement Bill, 2011, which FW has run in these columns over three days. This is what I think of it. In terms of the definition of public purpose, the Bill is more colonial...