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A Pail Of Piety Against An Augean Stable by Pranab Bardhan

There are structural aspects to a problem as complex as corruption. These cannot be tackled through punishment alone. Just as our society tends to latch on to holy men for miracle cures, in recent weeks, the urban middle classes have placed great hopes on an anti-corruption movement led by a pious man in a Gandhi cap. (The other claim on leadership by a holy man in red robes did not...

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Bill coming to check corruption in procurement

-The Hindu   In a bid to tackle rampant corruption in procurement of items, the government on Tuesday announced that it would bring in a Bill to deal with the issue even as a Group of Ministers set up to tackle corruption adopted a report which recommended means to make the procedure more transparent. The comprehensive public procurement law to clearly demarcate powers and responsibilities of various authorities and ensure full transparency to...

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Messianism versus democracy by Prabhat Patnaik

The substitution of one man for the people, and the reduction of the people's role merely to being supporters and cheerleaders for one man's actions, is antithetical to democracy. The Central government's flip-flops on Anna Hazare are obvious: it went from abusing him (through the Congress spokesperson) for sheltering corruption, to extolling him for his idealism; from arresting him, without any justification, and getting him remanded to judicial custody for a...

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Warehouse norms may lessen food inflation by Anirudh Laskar & PR Sanjai

The proposed regulations aim to create a new countrywide infrastructure for trading of commodity-based securities in the form of electronic receipts as with equity shares on exchanges A committee under the Warehousing Development and Regulatory Authority (WDRA) has recommended regulatory changes that can effectively control prices of food items, improve lives of farmers and change the warehousing landscape in India. The proposed regulations, drafted in consultation with the capital market regulator, the...

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Loopholes in the Land Bill by Manoj Pant

• Without a clear definition of ‘public purpose’, the land acquisition bill is meaningless • The bill’s definition of ‘fertile land’ can potentially harm the agriculture sector • Government’s role in defining land will create economic and political problems in future As Parliament debates this month it will, hopefully, move beyond issues of corruption in high places to important economic legislation. Two such pieces of legislation are the land acquisition bill and...

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