-The Business Standard Deconstructing the numbers shows companies have bid smartly to get the best deals The recently concluded sale of 1,800-MHz spectrum through auction to telecom service operators, or telcos, has been declared a damp squib for two reasons: One, only five telcos participated in the auction; and two, the bids added up to Rs 9,407 crore, which was less than a third of the Rs 30,000 crore the government had...

-The Economist MID-AFTERNOON in Delhi, and a red blob looms in the haze. The sun barely illuminates the city. A yellow-green smog hangs low. Even indoors, fuzzy halos of dust and smoke surround lamps. Those foolish enough to be out jogging, or compelled to stand at junctions directing traffic, complain of shortness of breath, migraines, clogged lungs. Newspapers are crammed with articles about asthma, wheezing children at clinics, an epidemic of...

-The Business Standard SC decision to seek views on GM crops welcome  The Supreme Court’s decision to seek views of different stakeholders before considering a 10-year moratorium on field trials of genetically modified (GM) crops, as suggested by the technical committee it had appointed, is welcome. The committee’s recommendation had caused widespread disquiet among the scientific community, a section of the seed industry and farmers. If the recommendation was accepted by the...

-The Indian Express The Rajat Gupta case provokes a question: Could the Indian system handle such a situation as well? Rajat Gupta has got two years in prison for insider trading, a fraction of the term sought by the prosecution. It is a fair sentence, delivered without regard for the multiple pressures that had been brought to bear on this much-publicised case. The handling of the case — among about 60 others...

-The Times of India Everyone agrees that India needs to deliver social protection to the aam admi; the forthcoming Food Security Bill is one such attempt. Everyone also agrees that the government service delivery pipelines are riddled with leakages and largescale corruption. Direct cash transfers have been proposed as a way to remedy this defective system. However, as could be expected, the debate has become polarised, with one side believing that cash...