It is time for India's government to put its money where its mouth is. New Delhi has raised some $30 billion since March by selling state assets and telecom airwaves. That is about as much as the country will attract in foreign direct investment this fiscal year. There is one area above all else where this money should be directed: food security. New Delhi talks a lot about guaranteeing food for India's...
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Rural areas face challenges to eradicate extreme poverty by James Melik
Some 350 million people living in rural areas being lifted out of extreme poverty in the past decade, according to The Rural Poverty Report, published by the International Fund for Agricultural Development (IFAD), a United Nations (UN) agency. However, in spite of this, more than a billion people around the world still continue to suffer. The UN describes extreme poverty as living on less than $1.25 (80p) a day. But factors such as...
More »NDTV juggles funds, shares abroad, avoids tax by Joyeeta Basu
NDTV, through its foreign subsidiaries, is suspected to be indulging in gross violations of Indian tax and corporate laws. NDTV Network Plc, UK was set up in November 2006. Its balance sheets were not filed in India. This company has raised and invested huge sums of money in its subsidiaries, NDTV Imagine (now sold), NDTV Lifestyle, NDTV Labs, NDTV Convergence and NGEN Media Services. The main activity of the company...
More »Post-Radia, a fierce debate on media ethics by Urvashi Sarkar
A panel discussion organised here on Friday by The Editors Guild of India, the Press Association, the Press Club of India and the Indian Women Press Corps on “Radia tapes and journalistic ethics” turned into a slanging match between journalists and Editor-in Chief of CNN-IBN Rajdeep Sardesai after he pitched in strongly for Barkha Dutt and Vir Sanghvi, saying they had been judged guilty without corroborative evidence. On the panel...
More »Corruption in the neoliberal era by CP Chandrasekhar
Advocates of liberalisation argue that by reducing state intervention and increasing transparency economic reform reduces corruption. Recent allegations of corruption suggest that this may not be true. In a season for scandal, allegations of large scale corruption have captured political India's attention. The instances to which such allegations relate are many, varying from the sale of 2G spectrum and the mobilisation and/or disposal of land and mining resources to purchases made...
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