Business was derailed in Parliament for the tenth day on Thursday as Opposition and the Treasury benches vociferously raised matters of corruption leading to adjournment of both the Houses, causing the public exchequer well over Rs 60 crore in the winter session till now. Amid pandemonium, both Lok Sabha and Rajya Sabha on Thursday were adjourned for an hour barely a minute after they met and later adjourned for the...
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Illegal financial flows: the great drain robbery by P Sainath
India has lost nearly a half-trillion dollars in illegal financial flows out of the country, says a new study by Global Financial Integrity. India is losing nearly Rs.240 crore every 24 hours, on average, in illegal financial flows out of the country. The nation lost $213 billion (roughly Rs.9.7 lakh crore) in illegal capital flight between 1948 and 2008. However, over $125 billion (Rs.5.7 lakh crore) of that was lost in...
More »India drops to 87th rank in Integrity Index
India has fallen three places to 87th in Transparency International's latest Corruption Perceptions Index, in which 178 countries were surveyed. India's integrity score has fallen to 3.3 out of 10 in 2010 while it was 3.5 in 2007 and 3.4 in 2008 and 2009. Transparency International India chairman P.S. Bawa on Tuesday said the recent damaging revelations in the Commonwealth Games contracts seems to have increased the perception about corruption and...
More »Millennium Development Goals & India by KS Jacob
The Millennium Development declaration was a visionary document, which sought partnership between rich and poor nations to make globalisation a force for good. Its signatories agreed to explicit goals on a specific timeline. The Millennium Development Goals (MDGs) set ambitious targets for reducing hunger, poverty, infant and maternal mortality, for reversing the spread of AIDS, tuberculosis and malaria and giving children basic education by 2015. These also included gender equality,...
More »Why Indians should fear the UID by Praful Bidwai
The Aadhaar or UID project has grave implications for every Indian. It will enable the government to profile every citizen and track their movements and transactions. There is no guarantee that intimate personal information -- pre-existing illnesses, romantic relationships etc -- won't be shared with other agencies, warns Praful Bidwai. An elaborate charade has begun with the rolling out of the first Aadhaar unique identity numbers in a tribal district of Maharashtra by...
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