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The Other Scam You Forgot About by Rohini Mohan

DESPITE WHAT our reel-life heroes have shown us, perhaps it’s only possible to fight one villain at a time. Still, in his last few days on the job, Karnataka Lokayukta Santosh Hegde tried to battle two evils, with two reports that presented damning evidence of corruption in the BJP government. The first report, on illegal mining, had enough firepower to systematically dig holes in the state government. The second report,...

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The Karnataka mining report by Vicky Nanjappa

The report on illegal mining in Karnataka, compiled by Lokayukta Santosh Hegde and his team, may spell the end of the first Bharatiya Janata Party government in south India. While the report is voluminous, here are a few details of what the Lokayukta and his team have found while probing the illegal mining scam. In the report the Lokayukta clearly makes charges against Chief Minister B S Yeddyurappa and Minister for...

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Our Self-righteous Civil Society by Pranab Bardhan

Over the last few decades thenon-party volunteer organisations have been much more effective in Indian public space and more articulate in policy debates than the traditional Left parties. This essay, while recognising the manifold achievements of these organisations, reflects on the serious limitations of the activities of the voluntary sector and argues that when they usurp certain roles they can become a threat to representative democracy. [Pranab Bardhan (bardhan@econ.berkeley.edu) is at...

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Global food inflation to return after brief respite

-Reuters   Red-hot food inflation that has vexed policy makers around the world seemed to take a breather last month, when corn and wheat prices tumbled on reports that crop shortages were easing. The sell-off was also driven by global economic worries that prompted funds to exit grains in droves. But prices are climbing again, and have already made up half of June's losses. The sell-off masked an unnerving reality: The world remains...

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Challenging the poverty dimension of inflation by Madan Sabnavis

A perverse, yet novel reason put forward to explain high inflation is that the poor are eating more as they are becoming less poor. The Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) has been extolled for being responsible for higher consumption, which in a way is a vindication of high inflation. The extended logic used here is that if the poor are eating more and we are paying high...

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