Though Anna Hazare gets much of the credit for focusing the national spotlight on corruption, India was only too aware of the problem even before his agitation. According to a Pew Research poll in October 2010 (six months before Hazare emerged on the national scene), 98 per cent of Indians indicate corrupt political leaders as a “very big” or a “moderately big” problem. Hazare’s campaign did not attune Indians to...

The government’s desperate race to redraft the Lokpal bill in time for passage this Parliament session has left political circles uneasy, with even some Opposition leaders conceding the dangers of lawmaking under such abnormal pressure. The Centre too is squirming at this “indecent haste”, prompted by its keenness to avoid another face-off with Team Anna. But it feels it has little choice in a political climate where “confrontationism” is giving the...

What is common between Brazil, Russia, India and China? That’s easy. They are the so-called BRIC countries. But, what is common between these BRIC countries and other emerging economies such as Indonesia, Argentina and South Africa? The answer: inequality. This disconcerting connect between these emerging economies is the focus of a report released last week by the Organization for Economic Cooperation and Development (OECD), the think tank for the club of...

A Parliamentary Standing Committee on Finance is set to recommend that the government withdraw the National Identification Authority of India Bill 2010, reports India Today, citing unnamed sources. The recommendation is to withdraw the bill and introduce another one, because members of the standing committee found the project directionless, and that the bill and the project are not acceptable in their present form, the report states. It doesn’t quite mention...

-The Times of India   Terming the government's attempt to allow foreign direct investment in multi-brand retail as a miscalculation that lacked political consensus, BJP leader Yashwant Sinha has warned that a looming slowdown needs urgent measures to remove supply side blockages. The former finance minister, who heads Parliament's standing committee on finance, said unlike in 2008, the government has no room to increase the fiscal deficit that is already above 5% while...