Money makes news. When it is found, promiscuously. And when it is lost, presumptively. And when it is found to lie hidden. Also when it stands brazenly, as in election candidatures. Does hunger, to satisfy which money, income, wages — the power to purchase food — are needed, make news? Does the crisis in our agriculture make news? When Amartya Sen speaks of hunger and malnutrition, when MS Swaminathan does so...
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How not to tackle the black economy in India by Arun Kumar
Technically, we know how to check the black economy but the problem is political. More studies or committees and treaties with foreign governments are only to stall action. Another Joint Parliamentary Committee has been announced. The government has been trying to create an impression of being proactive with regard to tackling the black economy. The President's address and the speech by Sonia Gandhi in January mentioned the need to curb it....
More »Health of the nation by Sitaram Yechury
The budget session of the Parliament began with President Pratibha Patil’s address. All indications point to a normal functioning of this session, unlike the wasted winter session. This is because the UPA 2 government has agreed to constitute a Joint Parliamentary Committee (JPC) to look into the 2G spectrum allocation scam. If the government were to have done this in the winter session itself, then precious time and resources would...
More »IT Dept. rejects RTI query on ex-CJI's income details by KPM Basheer
The former Chief Justice of India, K.G. Balakrishnan, who is currently the chairman of the National Human Rights Commission has objected to disclosing his income in the past five years as sought by an applicant under the Right to Information Act. Following his objection, the Income Tax Department has rejected the application made by T. Balachandran of Kochi. Dr. Balachandran had sought from the department certified copies of the income returns...
More »Honesty is indivisible by Arun Kumar
Illegality in India today touches almost every economic activity. It is both systemic and systematic. The Indian ruling class faced its severest crisis of credibility in 2010. Its past caught up with it and skeletons and scams were spilling out of its closets. The scams have a symbiotic relationship with the black economy. The number of scams is growing and so is the size of the black economy, which has reached...
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