-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...

-The Economic Times Nobel laureate and professor of economics at Harvard University, Amartya Sen believes developed world policies are worsening the global crisis and leaving emerging economies exposed. During an interaction with the press, he also said the recent rupee depreciation needs to be viewed holistically and is not necessarily a 'train crash'. Excerpts: What is your assessment of the current global situation? I think the global situation is pretty bad...

Anyone can talk big things, but nothing beats the old saying; “Action speaks louder than words”. How do we tackle the situation where most of the so called concerned people are actually opportunists who are waiting for someone to get the beating first and decide? What will happen in a society where everyone is an opportunist with illusionary autocratic mentality; sitting comfortably at a distance and only pointing fingers of...

-The Times of India   The government has endorsed a recommendation of Parliament's standing committee to restrain judges from making baseless comments against constitutional and statutory bodies and their functionaries even in cases which don't concern them directly. The decision forms part of the Judicial Standards and Accountability Bill that is to be discussed by the Union Cabinet on Tuesday. The government has also expanded the standing committee's recommendation that close relatives of judges...

-The United Nations   Corruption caused by weak governance is leading to unequal land distribution and poor resource management, according to a United Nations report released today, which argues that this lack of transparency is undermining social stability, investment and growth in developing countries. Weak land governance occurs as a result of low levels of transparency, accountability and the rule of law, the report says, which strains “the rules, processes and institutions that...