-The Hindu   ‘Had market-using reforms been used in Auctioning spectrum, the scam would not have arisen” Batting for removal of licence regime to tackle corruption, noted economist Jagdish N. Bhagwati on Thursday said the Auction of 2G spectrum in 2008 would have averted the telecom scam. He lauded the Congress-led United Progressive Alliance (UPA) government for bringing out anti-corruption legislation and asked the civil society to make suggestions and not impose solutions. “High-level...

In U.P., where 70 per cent of the people depend on agriculture, FDI in retail does not produce any cheer. ON a misty Monday morning in early December in Muradnagar, a small town in western Uttar Pradesh, numerous tractors and trucks, loaded with jaggery and driven by farmers themselves, lined up in front of the smallest grain mandi (market) of the region. With unusual patience, the drivers waited for their...

Remember the over 100 farmhouse plots allotted in Noida measuring at least 10,000 sq m each without an Auction or a draw of lots, including two to Supreme Court advocate Shanti Bhushan and his son Jayant Bhushan? An audit has now found that not only was there no transparency in the allotment of these plots — 101 in all — but that the Noida Authority had fixed a very low rate,...

-The Telegraph   The corruption scandals surrounding the Commonwealth Games may have been a blot on India’s political class, but that has not stopped them from asking for a share in the Games Village flats. Samajwadi Lok Sabha member Shailender Kumar today demanded an MPs’ quota in the allotment of the 715 unsold Games flats, the cheapest of which would fetch at least Rs 1 crore in the market. The other House members...

Large farm lobbies are backing the government's decision to allow foreign supermarkets to set up shop in the country, saying it will shorten the supply chain and get growers a larger share of the final selling price.  Most farmers, however, want the government to go a step further and make it mandatory for retailers to buy 75% of their produce directly from farmers, bypassing the restrictive 'mandi' Auction system.  "Traders and middlemen...