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Of governmental honours
Published on : Friday, February 11, 2011
What makes the wise men on the Padma committee choose one businessman over the other? Political parties do need huge funds to contest elections, the cap on expenses fixed by the Election Commission notwithstanding. And it is an open secret that much of this money comes from corporations. Many of them disclose in their profit-and-loss statement donations made to all political parties. Still, there needs to be transparency in the Padma awards, writes Bhupesh Bhandari in Business Standard.
Amnesty for black money
Published on : Thursday, January 27, 2011
There have been amnesty schemes in the past, such as the one in 1997. Those were about domestic black money. They didn’t bring in much in terms of disclosed income. There were two reasons for that. First, there was never finality about amnesty schemes. There is a difference between information on account-holders being available to the government and that information being placed in the public domain. The attitude of the Indian Government shows that it is not serious and has something to hide, writes Bibek Debroy in The Indian Express.
Why Do People Believe in Fantasies
Published on : Wednesday, December 15, 2010
Whether you believe in God -- or psychics, or global warming -- that's your business. I may think you're stupid, but if you waste your money on, say, a "strength" bracelet, you only harm yourself. But being gullible about government hurts everyone. Government is force. When it sells us bunk, we have to pay even if we don't believe in or want it.Government doesn't deliver what it promises. Skepticism is good when it comes to the Government, writes John Stossel in The Global warming Policy Foundation website.
Rural land System begs for a change
Published on : Wednesday, November 17, 2010
The root of all problems in India is land, including corruuption and family and political problems. We should provide economies of scale for our farmers to integrate farmers with the markets and make them the owners of the value chain in order to increase incomes. Every member of the Society would get the return no less than the best of the last five years’ return at the beginning and would get multiples of it at the end of every year proportionately distributed in accordance with their shareholding value, writes B Yerram Raju.
Beyond funding
Published on : Wednesday, November 10, 2010
THE National Examination Council and West African Examination Council have recently released their results. Changing systems do not actually solve the challenges associated with the decline in quality of education. The qualities of publications used by students in West Africa are largely of poor quality when compared with the ones in other parts of the world. The quality of education being dished out should be a concern to all, writes Thompson Ayodele and Olusegun Sotola in The Guardian, Nigeria.
The ‘jugaad’ government
Published on : Sunday, October 10, 2010
The government of Dr Manmohan Singh is approaching the third year of its second term in office, and one thing which is clear is its turpor, and unhurried sense to major calamities and national crises. This spirit of ‘jugaad’ seems to have crept into issues of national security. Next month will be the third anniversary of 26/11 and in these three years the Government of India has failed to force Pakistan to do anything about the men responsible for that horrible crime, writes Tavleen Singh in The Indian Express.
Only trade-fueled growth can help the world's poor
Published on : Tuesday, September 21, 2010
The goodwill of the world was grossly misused by Millenium Development goals.The argument by Economists like Jeffrey Sachs that there can be an improvement in the system throiygh moving to a multi-donor approach modelled on the Global Fund to Fight Aids, Tuberculosis and Malaria makes little sense. There is no evidence to support it, writes William Easterly in Financial Times.
Set Priorities Right
Published on : Friday, September 17, 2010
Millions of Indian children are denied access to primary and secondary education, as of poor schooling, social and family conditions. If it remains that way, the country won't achgieve many of its goals. The Right of Children to Free and Compulsory Education Act is noble, but is unlikely to achieve its objectives. It would only constrict the autonomy of private schools, writes Ashok Malik in The Times Of India.
Population problems are imaginary
Published on : Thursday, September 09, 2010
The argument that population retards economic growth is dangerous. This contradicts all the facts and evidence in front of us. Many sparsely populated countries are incredibly poor. Whether a nation is poor or rich depends on the availability of economic framework that provides incentives for working hard and taking risks. The key elements of such framework are economic liberty, secured property rights and fair and sensible rules of the market that are enforced equally. The argument that population retards economic growth is dangerous, writes Thompson Ayodele and Olusegun Sotola in The Guardian.
Success despite govt, courtesy jugaad
Published on : Wednesday, August 11, 2010
When an overwhelming majority of Chinese businessmen say that the main reason for their success is network connections (guangxi), especially with government officials, most Indian businessmen attribute their success to Jugaad, ability to get around prohibitive laws.Most Indian businessmen see corruption a problem when the Chinese success story is mainly Government led. China has been less resilient in dealing with the economic crisis and is likely to end up with a weaker workforce, writes Swaminathan Aiyar in The Economic Times.
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