• 7 new pending Bills You Should be Aware Of in 2014 January 23, 2014

    1. The Real Estate (Regulation and Development) Bill, 2013 The real estate sector is largely unregulated. There is lack of standardisation, transparency and consumer protection. Introduced in August 2013, this Bill deals with residential real estate, and looks into the transactional (buying and selling) aspect of the sector; it aims...
  • CRISIL's Inclusix isn't all-inclusive July 18, 2013

    Crisil has done most things right with Inclusix, India's first index for financial inclusion. But it is also true that it has failed to capture the full picture. Inclusix is based on the banking data provided by the Reserve Bank of India. Data from a large network of non-banking financial...
  • Empower the fiscal, don't weaken it, says YV Reddy February 26, 2013

    Former RBI governor YV Reddy said that the government should increase fiscal expenditure, as the private sector cannot meet the rising demand for water, sanitation and public health. ...
  • Inside the Direct Cash Transfer debate January 17, 2013

    Over the past three years, India has vigorously debated the merits of having a Unique Identity (UID) number for each citizen and, allied with it, the move towards direct cash transfers (DCT) of subsidies (like food, fuel and fertilizer) and social security endowments, like pensions and scholarships. On January 1,...
  • Arvind Kejriwal: Is he the emerging fourth front? November 1, 2012

    New Delhi: Arvind Kejriwal's three-storied office in Kaushambi, Ghaziabad, has a queer resemblance to the numerous engineering entrance exam coaching centres one finds in tier 2 cities of India. The rooms are bustling with activity. Groups of two or three young volunteers huddle together, discussing fervently. Each door has a...
  • Alex Menon: Braving Naxal kidnappings to develop one of India's most backward districts August 28, 2012

    Alex Paul Menon Age: 32 Profile: CEO, Raipur Development Authority Achievements As the DM of Chhattisgarh's Naxal-hit Sukma district, launched several initiatives to alleviate hunger and poverty in the region. Was kidnapped by the Naxals, but resumed work right after his release after 12 days. A common saying in India's...
  • Poverty line: Dialogue of the deaf April 7, 2012

    The great Mughal emperor Akbar once asked if there was any man in his court unbound by his wife's command. The huge mass of his courtiers and public was stunned and stood huddled together barring one meek-looking man, who stepped away and stood alone. Akbar was curious and asked how...
  • Budget: Time to take fiscally prudent decisions March 13, 2012

    As this edition of Forbes India was going to bed, India's executive set-up was in intense negotiations with political decision-makers over the contents of the government's most-awaited policy pronouncement"the Union Budget. The Planning Commission and other advisors to the government were ranged on one side, with the National Advisory Council...
  • Electing hope in Punjab February 10, 2012

    While the Uttar Pradesh elections hog the lion's share of coverage in national media, the Punjab elections are proving to be the more colourful of the two. YouTube, Facebook, and other media platforms are full of the hilarious conversations between cartoon characters Jeeta and Jaggi created by the Congress, who...
  • Rediscovery of India January 24, 2012

    In the late 1950s, Ved Mehta, a blind writer from Oxford, spent a summer in India, a good part of it going around the country with the poet Dom Moraes. One of the high points of his trip was a meeting with the then prime minister, Jawaharlal Nehru. He had...
  • Parliament's Winter Session doesn't hold much promise November 28, 2011

    A look at the United Progressive Alliance (UPA) governments legislative performance over the last three parliamentary sessions explains why everyone seems to be up in arms against the breakdown of decision-making at the Centre. The 2010 winter session was a complete washout as the UPA kept blocking the Oppositions demand...
  • CAG audit on NREGA will not help October 29, 2011

    Union Minister for Rural Development Jairam Ramesh's recent decision to ask the CAG (Comptroller and Auditor General of India) to audit MGNREGA (Mahatma Gandhi National Rural Employment Guarantee Act) funds has created a buzz among social sector observers. They've been demanding reforms in MGNREGA's implementation to arrest the slide in...
  • 'The Service of the State' is lucidly written October 17, 2011

    Former secretary to the Government of India Bhaskar Ghoses latest book comes at a time when there is increasing public anger against politicians and bureaucrats for being corrupt and insensitive. As such, the title of the book and the tagline promised to shed some light on the burning question about...
  • What if we had the right to recall our leaders? September 14, 2011

    Imagine having the power to recall your MLA or MP if he stopped paying attention to his constituency. That is the power of the Right to Recall, the next item on Anna Hazare's agenda. Recall is a powerful tool to make politicians accountable since it does not require any corruption...
  • Rahul Gandhi: His tryst with dynasty September 6, 2011

    I'll be upfront about this and I am reasonably sure you'll agree with me. Deep down, most of us nurture disdain towards those who come to occupy positions of power by virtue of birth. Quite honestly, that has, at least until I started researching this story on Rahul Gandhi, been...