How deluded we are when we think that when an important piece of legislation is introduced, policymakers carefully scrutinise it for some room for improvement. Indian democracy is good at passing progressive-sounding legislation that becomes unpopular later for poor implementation and a consequent feeling of letdown and therefore resentment. Often the problems of poor implementation that surface later stem from small mistakes in design that could have been corrected at...

Some Dalit businessmen plan to launch a Rs 500 crore venture capital fund — India’s first community-focused fund. The Central government’s new procurement policy will open business opportunities worth Rs 7,000 crore for Dalit and s (ST) entrepreneurs. These entrepreneurs are now gearing up to tap this opportunity by launching their own venture capital fund and increasing their production capacities. The proposed Rs 500 crore venture capital fund will be the country’s...

-The Deccan Herald   Farmers have demanded a compensation of Rs 50 lakh per acre for their land notified for acquisition by the Karnataka Industrial Areas Development Board (KIADB) for the Vemgal Industrial Area in the taluk. V R Sudarshan, MLC, who submitted a memorandum to Deputy Commissioner Manoj Kumar Meena on Monday, said the KIADB should leave no room for controversy in the process of acquiring the land. He said the KIADB had offered...

-IBN   The much hyped Unique Identification (UID) project led by Nandan Nilekani has run into trouble after the Parliamentary Standing Committee on Finance rejecting the National Identification Authority of India Bill, 2010 in its present form. The committee headed by Yashwant Sinha pointed out several anomalies in the existing bill and urged the government to "reconsider and review the UID scheme as also the proposals contained in the Bill in all its...

Anna Hazare today appeared to betray an ambition to become the next Jaya Prakash Narayan if not a Mahatma Gandhi II, asking the Opposition to join his agitation if the UPA defeated the efforts to enact a strong Lokpal. He asked the Opposition to hit the streets and fill the jails, sounding a little like JP who had brought the Right and the Left together in his 1970s campaign against the...