The philosophy of self-aggrandisement defies social logic. Seven leading banks in the United States of America had last year incurred an aggregate loss of $82 billion; the chief executive officers of these banks nonetheless claimed and collected annual bonus to the extent of $38 billion. The economy might lie in ruins; that did not distract sharks from zooming in on their prey. Our corporate sector has shaped itself in the...

The right to information act (RTI) which is hailed as a great leap forward in the direction of transparency in governance is under serious threat. The UPA government that showcased the historical act as one of its achievements in the last Lok Sabha elections now seems to be bowing down to the system’s high and mighty by proposing amendments which seem designed to take the sting out of the people’s...

If a country’s national income is rising, someone in the country must be getting richer. Unless income distribution is changing, all income classes must get richer at about the same pace. If a constant standard of living is defined to classify everyone below it as poor, then as incomes rise, the proportion of the poor so defined must shrink, eventually to zero. If income grows 5 per cent a year...

Municipal Corporation of Delhi has topped the corruption chart with about 4,300 cases and is followed by Delhi government, Delhi Development Authority and Delhi Police. There are about 457 corruption related cases against the Delhi government employees including 137 from Delhi Jal Board (DJB). It is followed by DDA and Delhi Police where 305 and 133 officials respectively were facing corruption cases. Interestingly, 18 senior DDA officials have retired without...

The CVC has failed to be an institutional bulwark against corruption. The reason? Wrong appointments. It's time to fix the methodology of these appointments and make them transparent. The Central Vigilance Commission (CVC) was set up as a department of the government of India in the 1960s. It was functioning as an organization to advise government on all matters relating to corruption in public services and lack of integrity vis-à-vis public...