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'Yes, we spent money on paid news ads'-P Sainath

-The Hindu Confessions by politicians to EC belie claims of innocence by top newspapers The political class is more honest than the media when it comes to ‘paid news’ during elections, judging by the fact that several poll candidates have owned up to this corrupt practice. At least, after the Election Commission and the Press Council of India shot off notices to them and held inquiries into the matter. They have acknowledged...

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Budgeting for failure

-The Business Standard The government runs out of money for fertiliser subsidy The government, according to recent newspaper reports, finds itself unable to clear the mounting subsidy dues of the fertiliser industry — the budgetary allocation for this purpose has already exhausted. This is as much a reflection on the shocking flaws in the Budget-making exercise for this financial year as on India’s misguided fertiliser subsidy policy. The arrears payable to...

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A 'Cost-Benefit' Analysis of UID-Reetika Khera

-Economic and Political Weekly A cost-benefi t analysis by the National Institute of Public Finance and Policy of the benefits from Aadhaar integration with seven schemes throws up huge benefi ts that are based almost entirely on unrealistic assumptions. Further, the report does not take into account alternative technologies that could achieve the same or similar savings, possibly at lower cost. Reetika Khera (reetika.khera@gmail.com) is at the Institute of Economic Growth on...

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Business by other means -Ajoy Ashirwad Mahaprashasta

-Frontine Walmart’s disclosure that it spent huge amounts of money on lobbying in India and the allegation that it entered the retail sector through indirect means highlight the power of global capital in dictating the country’s policies. The world’s largest multi-brand retailer Walmart’s disclosure to the United States Senate that it had spent $25 million (Rs.135 crore) since 2008 on its various lobbying activities, which include enhancing access to the Indian...

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Constitutionally Mandated Regulator Suggested for Media

-Outlook Mediapersons, legal experts and civil society have suggested the setting up of a constitutionally mandated regulator to check "misuse and abuse" of the media in the country. Some discussants also suggested establishing a consultative group for norms, conduct and ethics to monitor implementation by the media and to facilitate greater degree of coordination between government, media business and civil society. They were speaking at a conference on "Media Regulation: Is Status Quo...

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