When it comes to increasing wealth, legislative experience, it turns out, beats the best investment planning hollow. An analysis of the assets of re-contesting legislators certainly suggests that – with the growth in their assets being more than what investing in gold, mutual funds or fixed deposits would yield. According to analysis of affidavits done by the Association for Democratic Reforms and National Election Watch, the percentage rise in assets of...

To ask a people burdened with systemic bribery to accept bribe-giving as legal is to demand they accept corruption and the existing structures of power and inequity it flows from. Let's get this right. The Chief Economic Adviser to the Ministry of Finance, Government of India, wants a certain class of bribes legalised? And says so in a paper titled “Why, for a Class of Bribes, the Act of Giving a...

The 2009 Parliamentary election returned the Congress party to power with more seats than even the most optimistic predictions. From 145 seats in 2004, the Congress increased its tally to 206 seats. No doubt, the five-year UPA rule had been characterised by unprecedented growth, but this is too simplistic an explanation since the Congress’s performance varied widely across the states in the elections. For instance, it won just nine out...

The editorial, Not a wealth of information (Our Take, March 19), was a correct description of what WikiLeaks has revealed about how India's foreign affairs and political establishments work. However, one sentence needs to be commented on, and that is its recommendation for setting up "a commission to look into the idea of public funding of political campaigns". This reveals how short our public memory is. Three learned groups have laboured...

These are figures the Left Front should be wary of as it prepares to defend its citadel of 34 years in West Bengal. An analysis of data on the Muslim community released by the chief economist of the National Council of Applied Economic Research, Abu Saleh Sheriff, reveals that the state's minority has benefited little from development measures. In terms of human development indices, the Muslims have fared very poorly. Of the...