The basic problem with the Approach Paper, as with its predecessor, is that its theoretical paradigm is wrong. WHAT used to be said of the Bourbon kings of France applies equally to the Indian Planning Commission: “They learn nothing and they forget nothing.” The Approach Paper to the Twelfth Five-Year Plan gives one a sense of déjà vu. It is hardly any different from the Approach Paper to the previous Plan...

In planning, pursuit of profit was not seen as being in the social interest in the post-Independence years, but now profit is the sole motive. FOR two decades now the Government of India has pursued a policy of accelerated liberalisation, dismantling controls, diluting regulations and making the state a facilitator of private investment. It is not that the presence of the state has diminished during this period, but that its role...

The Dantewada police have arrested Essar group's General Manager for Kirandul, D.V.C.S. Verma, as part of an ongoing investigation into allegations of the company routinely paying the banned Communist Party of India (Maoist) significant sums of money to operate in rebel-controlled territory. This is the first time that an individual, directly employed by Essar, has been arrested in this connection. The group has denied allegations that it paid protection money to...

-The Indian Express Unfinished car shells rusting in a deserted factory in India's West Bengal state lie testimony to flaws in a century-old land-acquisition law the government now wants to replace. * Jobs, housing, cash to landowners made mandatory * Costs, project delays to increase - Indian corporates react * Bill to push up costs by 350 pct for big plots - analysts, cos * Bill likely to be passed in December Tata Motors was forced...

Have the National Law Schools, the counterparts of IITs and IIMs in the legal field, faltered in inculcating social responsibility in the bright young lawyers passing out from the prestigious institutions? Justice M K Sharma, a Supreme Court judge, feels so and has expressed strongly against the trend of "bright young law students" flocking to become corporate lawyers rather than opting for training in litigation. "Unfortunately, the statistics available indicate that 85%...