-Live Mint/ The Wall Street Journal Contributions more than doubled between 2004 and 2009 polls; experts say published figures just tip of the iceberg Contributions, including money from top companies, to the country’s two largest political parties, the Congress and the Bharatiya Janata Party (BJP), more than doubled between the 2004 and 2009 general elections. This revelation affirms a trend of companies, most of which are listed, opting for a transparent route to...
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The Parthasarathi Shome Committee Report-Prabhat Patnaik
-Macroscan.com In his speech introducing the 2012-13 budget, the then Finance Minister Pranab Mukherjee had declared his intention to introduce a General Anti-Avoidance Rule (GAAR) to counter ''aggressive tax avoidance schemes''. What GAAR means is that even if a transaction appears to be legally valid, if it is entered into for the sole purpose of tax avoidance, then the Indian tax authorities can deny tax benefit to the concerned entity. GAAR...
More »Unless we put an end to baseless fear of GM crops, we will not be able to feed our growing population-P Chengal Reddy
-The Times of India The parliamentary committee report on genetically modified (GM) organisms is an attempt to give a quiet burial to biotechnology in India. On behalf of the farmers of India, let me say that this report totally fails to reflect farmers' aspirations, and distorts the scientific significance of biotechnology - including genetic engineering - for the national economy. Instead, it echoes persistent canards by some environmental NGOs. Indian farming suffers...
More »Political parties log Rs 4,662 cr income
-The Indian Express Political parties in India have 'earned' a whopping Rs 4,662 crore through donation and other sources since 2004 with the ruling Congress at the top with an income of Rs 2,008 crore followed by BJP at Rs 994 crore, two NGOs claimed today. Relying on the IT returns and list of donors submitted to the Election Commission for the period 2004-2011, Association for Democratic Reforms and National Election Watch...
More »Heard of the ‘Bangladesh shining’ story?-Jairam Ramesh, Varad Pande & Pranjul Bhandari
-The Hindu The country has shown that it is possible to have superior social outcomes at lower per capita incomes and rates of economic Growth Bangladesh is very much in the news these days in our country, but for the wrong reasons. In the unfortunate Bangladesh-bashing that seems to have become somewhat of a pastime, we seem to have failed to notice the striking developmental success that it has had in the...
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