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 Indian Express   With corruption emerging as a national issue, the government on Wednesday unveiled a host of steps as part of its anti-graft drive, including setting up of 71 fast-track special CBI courts, fixing of a limit of three months to grant sanction for prosecution of “tainted” officials, and abolishment of discretionary powers enjoyed by ministers — as recommended by a Group of Ministers on corruption. Announcing that the government has...

Mamata Banerjee’s assurance over land allotment, coal access falls flat. Two weeks after West Bengal Chief Minister Mamata Banerjee assured JSW Steel vice chairman and managing director Sajjan Jindal that all issues will be ironed out, fresh problems, including capping access to coal mines have struck the state’s largest investment. A number of riders are creeping into the terms and conditions set forth in the development agreement that JSW Steel had signed...

-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...

The new rural development minister wants to use technology to force states to make payments. Critics suggest that he should fix existing problems first. Jairam Ramesh is not afraid of stirring things up. Sixty days into his stint as the new Rural Development Minister, Ramesh, he has unveiled what he calls NREGA 2.0, a reform package that he feels would make the Rs 40,000 crore programme actually work. Ramesh has put together...