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Public policy in a knowledge society-Shiv Visvanathan

Imagine you are a citizen racing across newspapers rapid fire. As you flip the pages you run across events like the Vedanta mining case, the Koodankulam nuclear controversy, the debate on poverty and reports about climate change. Each of these can be a life-threatening event and none of them have a life support system of knowledge which allows them to be debated in the open. The basic information comes from...

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Indian tax system, black money and tax havens-PR Srinivasan

Drug smugglers and third-world dictators laundering ill-gotten wealth through secretive banking systems in tax havens is an anachronistic image from crime novels. Leveraging US' remarkable success in compelling tax havens to block terrorist financing, the G20/OECD have successfully persuaded tax havens to improve tax transparency and participate in an international regime of information exchange.  All tax havens have committed to OECD standards for tax transparency and are executing Tax Information Exchange...

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Ask in haste, repent in leisure-Devadeep Purohit and Meghdeep Bhattacharyya

A moratorium is not the magic bullet that can slay Bengal’s fiscal demons, several economists have said, pointing out that postponing the inevitable will be of little use unless backed up by a revenue mobilisation road map. Chief minister Mamata Banerjee had yesterday set a 15-day deadline for the Centre to announce a three-year moratorium on the payment of interest on the loans Bengal had taken. “A moratorium on repayment obligations can...

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Fighting corruption: To RTI or not to RTI, that is the question-Mallika Sarabhai

I recently wrote in this column about two cases where individual efforts to fight corruption and inefficient system brought results. Alas, it is fraught with difficulties and sometimes danger. Manjulaben Vaghela lives in Pardhol village in Dascroi taluka. She for past four years has been trying to get an electricity connection for her chhapra. Starting with the GEB, she has appealed to everyone concerned including the CM's secretariat. This has caused her...

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Anna, Ramdev join hands for Lokpal

-The Times of India Joining forces against the government, yoga guru Baba Ramdev and activist Anna Hazare on Friday said the duo will launch a nationwide campaign for a strong Lokpal and return of black money from May 1. The two leaders have also announced plans to sit on a day-long token fast in Delhi on June 3.  "We need two movements to bring back black money and for a strong Lokpal....

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