Most central ministers have signed at the end of last year a performance-tracking document, the sweeping nature of which has started to sink in only now. Although the ministers say they have no quarrel with Prime Minister Manmohan Singh’s objective of improving governance, some resent that their performance will now be assessed by a set of bureaucrats. “We are now at the mercy of some babus in the cabinet secretariat who have...

Eleven months after B. Ramalinga Raju, the former chairman of Hyderabad-based Satyam Computer Services, confessed to masterminding a $1.2 billion fraud at Indias fourth largest I.T. outsourcing company, the dirt is still tumbling out. On Nov. 24, the country's Central Bureau of Investigation (CBI) released findings that show the alleged fraudulent accounting and embezzlement was far larger than originally thought. Raju and nine accomplices skimmed some $2.5 billion from the...

Some news is considered more worth publicizing than some other news. This is part of an essential discipline, for otherwise we will remain perennially buried under an avalanche of data, information and gossip. The wheat, never mind the change of metaphor, has to be separated from the chaff. The media perform this task. Occasionally the government of the land helps the media to do the choosing: the authorities have their...

The Delivery Monitoring Unit set up by Prime Minister Manmohan Singh in the Prime Minister’s Office to monitor the government’s flagship programmes, initiatives and projects has sent babus in a tizzy trying to comply with the tough timelines set by T.K.A. Nair, the Prime Minister’s principal secretary who heads this unit. Naturally, most of the action is in ministries handling "flagship" programmes. Among the ministries which have already posted updates...

The philosophy of self-aggrandisement defies social logic. Seven leading banks in the United States of America had last year incurred an aggregate loss of $82 billion; the chief executive officers of these banks nonetheless claimed and collected annual bonus to the extent of $38 billion. The economy might lie in ruins; that did not distract sharks from zooming in on their prey. Our corporate sector has shaped itself in the...