-MoneyLife.in If you were wondering why most of the recent major cases of corruption have not been exposed by opposition parties, especially the BJP, now you have the answer: they are all in it together. I am ready for any inquiry,” repeated Nitin Gadkari on every television channel where he brazenly defended the dubious shell companies and land allotment that propelled the growth of his ballooning ‘social entrepreneurship’. The irony is that Nitin...

-The Hindu Have Emami and Karuturi bitten off more than they can chew in their land quest? Indian companies which invested in controversial deals involving hundreds of thousands of acres of land in Ethiopia have found themselves out of their depth in a fast-growing African economy that is still in the process of building critical transport and irrigation networks. Documents related to one such transaction reveal how Emami Biotech, a subsidiary of the...

-The Business Standard The rural jobs scheme can boost productivity in farm and textiles sector. There is mounting evidence that Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) of 2005, under which 100 days of guaranteed wage employment a year was to be provided to target households, is failing to meet its stated objectives. The total cumulative expenditure since 2005 under the MGNREGA is officially estimated to be Rs 1,50,000 crore, and the...

-The Hindu The Delhi High Court order dismissing a challenge to the Bus Rapid Transit System in the national capital is praiseworthy for its assertion that the urban commons, represented by road space, is a public good. The judgment correctly observes that governments pursue the principal purpose of promoting welfare of the maximum number of people, rather than distributing public goods in a restrictive manner. Delightfully, the court makes short work...

-Reuters   The world's urban areas will more than double in size by 2030, presenting an opportunity to build greener and healthier cities, a UN study showed on Monday.   Simple planning measures such as more parks, trees or roof gardens could make cities less polluted and help protect plants and animals, especially in emerging nations led by China and India where city growth will be fastest, it said. "Rich biodiversity can exist in cities...