Any civilised, healthy society needs good governance and accountability. Yet both have deteriorated sadly in India. Our legal system has become a joke, unable to convict anybody resourceful. Those with money and muscle can put the fear of death into …
The Monterrey aid summit, organised by the UN to try and double aid to developing countries, hogged the headlines and editorial columns in both recipient and donor countries across the globe. Yet it received remarkably attention in India. Why? Because …
Journalists constantly wring their hands over the growing criminalisation of politics, and call on political parties to choose better candidates. Such moral lecturing is vacuous. Criminals are not entering politics because of some inexplicable moral lapse by candidate selection committees, …
Dear Dr Manmohan Singh, few people realise it, but the fate of labour law reform lies in your hands. The government wants to amend the Industrial Disputes Act to permit retrenchment and closure without official permission for companies with less …
It is St Valentine’s Day. Of all foreign investors, the one everybody remembers is Rebecca Mark, the Enron lady who clinched the Dabhol deal with the Maharashtra government. She is remembered not for her business acumen, but her looks, clothes, …
You Could Not Take India For A Ride, Rebecca Mark Read More »
NEW DELHI: IF the Congress wrests Uttranchal from the BJP, it will not be because the masses were swept off their feet by Sonia Gandhi. She has proved a much better public speaker in the current Assembly election campaign than …
Economic historian Douglas North once observed that countries that reformed successfully rarely followed the exact path chalked out by their reformist visionaries. Typically they ran into unexpected obstacles, made various blunders and suffered from unintended consequences of their actions. But …
WHAT principles should govern bids from public sector undertakings (PSUs) for majority control of other PSUs up for privatisation? There is still some fuzziness about this, as is evident from the case of IBP, the petroleum distribution PSU up for …
MUMBAI: The Ninth Five-year Plan period (1997-02) looks like recording the lowest GDP growth in any five-year Plan in the last two decades. After recent revisions by the CSO, it appears that GDP growth in the Ninth Plan will average …
Indian industry will remain in the dumps till the global recession ends. Many believe the recession has touched bottom. But will the recovery be swift or painfully drawn out? Doing the rounds are theories that I call the U, V …
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