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The political economy cycle in India-Pramit Bhattacharya

-Live Mint     As a democracy matures, citizens become more willing to trust elected representatives to plan and take steps for the long-term growth and development One common complaint during this election has been that the election commission (EC) has to be consulted before the government and its regulatory agencies take any routine decision. Decisions relating to gas price hikes and bank licences all had to be cleared by the EC, whose over...

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No country for whistle-blowers -Andrew M Beato and Narayan Lakshman

-The Hindu A strong whistle-blower protection law in India would expose financial corruption in a way that reinforces ethical business practices In 2013, generic pharmaceutical company Ranbaxy pleaded guilty to seven criminal felonies for drug manufacturing fraud and agreed to cough up an unprecedented $500 million in fines. The case against Ranbaxy was significant not only for being a successful prosecution of a powerful India corporation. It also marked the triumph of Dinesh...

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Lok Sabha elections: Party manifestoes have little clue of factory job creation -Subhomoy Bhattacharjee

-The Indian Express   The Planning Commission numbers show that in the unorganised manufacturing sector, value added per worker has come down by over 5 per cent in the last decade. The Congress and the BJP manifestoes for the general elections talk about the need for raising employment numbers in multipliers but hardly show any understanding of where to maximise those. For both, the Holy Grail is rising of the profile of the...

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How candidates cook books to spend crores over Election Commission limit

-The Times of India Elections, it is said, are about spending big. This despite repeated poll panel efforts to curb candidate expenses. The EC rule book is clear: Each candidate is entitled to spend a maximum of Rs 70 lakh and it is mandatory for the nominee to file daily expenses. On the ground, a different story plays out and contestants find ways to beat the book. Politicians begin spending the day...

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Aadhaar Project a Sham, Say Technocrats, Academicians

-The New Indian Express     Bangalore: As the battle for the Lok Sabha elections intensifies, the fight against the UPA government's pet Aadhaar project found support on Sunday as a group of academicians and technocrats spoke against the unique identification project in the city. The head of the project - Nandan Nilekani - is a technocrat himself and also the Congress candidate from Bangalore South constituency. In a discussion on the project, organised...

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