Global business abhors uncertainty. The ministerial-level corruption in UPA-II has slowed FDI and FII inflows. The stock market, despite double-digit corporate profit and 8.6% GDP growth, reflects the anxiety of Indian and foreign investors. To take India's growth story forward in the 20th year of economic reforms, political reforms must catch up. Misgovernance won't do in a globalised, interconnected world. Two kinds of political corruption blight India: episodical and ongoing. Episodical...

Small farmers granted waiver by 2008 central scheme win a roller-coaster legal battle In A significant ruling, the Gujarat High Court has granted loan waiver and relief of around Rs 22 crore to 312 farmers who got these loans from an urban co-operative bank for direct agricultural and allied activities under a central scheme. The court also held that no new condition can be added by the HC to a scheme...

Food inflation, hovering in the double digits, may play spoilsport to India’s ability to continue its rapid economic growth. It is truly troubling that food still consumes half of the expenditure of the average Indian household. No wonder a sharp spike in onion prices has the potential to upset the political calculus of social stability. India’s biggest challenge still remains ensuring food and nutritional security to its masses. Notwithstanding the nation’s...

Spurred by the success in drawing the government's attention to the plight of bonded Sahariya labourers in Baran, some like-minded organisations have come together to form the Rajasthan Adivasi Adhikar Manch (RAAM). It will be fighting for adivasis' rights. On Wednesday, the Manch held its first public hearing at the Udyog Maidan near Statue Circle. The meeting discussed non-implementation of tribal rights laws in the state, including the Forest Rights Act,...

The visit of Union rural development secretary, B K Sinha, to inquire into the killing of MGNREGS worker Subal Mahto here at Bathua village on Sunday has not only exposed serious irregularities in the schemes but also negligence on part of officials in supervising the work. Sinha s visit seems to have been prompted after Bokaro DC Amitabh Kaushal took action against four persons including two officials in this regard. Kaushal...