-The Hindustan Times We are a nation holding our breath. Some in eager anticipation, others in ambiguous apprehension or actual terror, but all of us transfixed by the drama of Mr Narendra Modi's arrival. Even those who do not relish the thought of the outcome seem happy to get it over, to put behind us this sad drama of the UPA's strange implosion, the decline, Lear-like, from decisiveness (if wrong-headed at times)...

-Live Mint   Rights laws offer an important lesson for the new government: you cannot legislate your way out of state failure It is well known that the Indian state suffers from a serious crisis of implementation capability. So deep is this crisis that it cannot even reliably perform the most routine tasks like moving money and getting employees to show up at work. So, it is hardly surprising that rights laws have...

-DNA Elections 2014 are around the corner. And when elections draw nearer, the Government suddenly wakes up and thinks of its duties towards the people. This year is no exception. Whether it is the one-rank-one-pension for the retired defence personnel or the legal monthly entitlement of 5kg of wheat/rice/millet for poor households under the national Food Security Act or the announcement of a 7th Pay Commission along with a DA instalment...

-Outlook As subsidies for the poor continue to be under attack, a ground-up report from 10-states shows how well welfare schemes have worked over the last 10 years. Ahead of Elections 2014, rights-based welfare schemes are under attack. To those who argue ‘Dolenomics' doesn't work, a survey of five schemes in 10 states shows that the Rs 1,68,478 crore annually the nation spends is making a real and tangible difference on...

-Down to Earth Bad loans of public sector banks to business are more than double the food subsidy There are some things you simply do not do in the liberalised economy. You do not put bank loans under the lens-unless these are ballooning out of control. That is, until such loans are likely to jeopardise the entire banking system and send the economy into a tailspin. And there's another thing: you don't...