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Crony capitalism or plain corruption?-Arvind Virmani

-The Hindu   Ideological labels are likely to mislead by channelling the debate into issues of capitalism and socialism and detract from the real problem George Santayana said: "Those who cannot remember the past are condemned to repeat it." Having forgotten the license-permit-quota-raj that enveloped us from 1950 to 1980 and its ‘crony socialism,' many intellectuals, mediapersons and politicians have now discovered ‘crony capitalism.' The license raj consisted of stifling controls imposed on...

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Ashish Bose: The man who coined BIMARU tried to make things simple-Sanjeeb Mukherjee

-The Business Standard Associates say Bose always tried to make complex things simple and understandable Finding out the essence is more important than getting lost in statistical jugglery" is what Ashish Bose, the country's foremost demographer, who passed away on Monday, once told Amitabh Kundu, his friend and professor of economics at Jawaharlal Nehru University. Kundu's description perhaps summarises the personality of Bose, best known for coining the term BIMARU (in a paper...

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Delhi spends highest on public health-Akanksha Jain

-The Hindu This was informed to the High Court in a case of free treatment to a minor Delhi is the highest spender on public health in the country, the Delhi Government has claimed before the Delhi High Court. The assertion was been made by its Directorate of Health and Family Welfare during the hearing of a petition about free treatment to a minor. The government said it is spending four times on...

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Transport troubles-Brijeshwar Singh

-The Business Standard   This report believes in demanding more, and cares little for inflation. It could have kept budgetary constraints in better focus and thrown more light on carbon-reducing innovations Fans of Rakesh Mohan reports will love this leviathan of a report. With 1,220 pages spread over three volumes, the report of the National Transport Policy Development Committee takes at least a week's effort to read. The analysis is in the second...

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The jobs debate-Pramit Bhattacharya

-Live Mint   What explains the mystery of job growth slowing so drastically just when growth spiked up so rapidly? The health of the economy occupied the centrestage of the political battlefield this week, as the ruling United Progressive Alliance (UPA) and the opposition National Democratic Alliance (NDA) engaged in a spirited debate on India's economic performance. A major bone of contention was the slower pace of job growth in the UPA's 10-year...

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