Articles
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Licence raj has been replaced by a resource raj
Hindustan
times, August 28, 2014
By Pradeep S Mehta
While Prime
Minister Narendra Modi in his Independence Day speech
inter alia highlighted petty corruption, it was RBI
governor Raghuram Rajan who made a frontal attack on crony
capitalism, i.e. big-bang corruption in another speech.
Both cancers have to be attacked. Hopefully this
phenomenon will subside if the government is as serious as
it claims to be. What is crony capitalism? It happens when
business colludes with the polity and bureaucracy to gain
unfair advantages, like the 2G spectrum scam or the
Coalgate affair when a handful of oligarchs got favours
without any competition or proper procedures. Just these
two scams cost the nation in excess of Rs. 300,000 crore,
according to CAG estimates.
More...
Institutions vs organisations in the reform agenda
Business
Standard, August 22, 2014
By Pradeep S Mehta
Among several
adrenaline-pumping measures, three points of Narendra Modi
in his scintillating speech on Independence Day stood out.
First, his ridicule of the siloed approach of different
departments of the government. Second, rejuvenating the
plan body by scrapping it and giving birth to a new body
with active participation of the states. And third, to
work in co-operation with the opposition parties to carry
the reforms agenda forward. All three ideas need an
institutional approach if they have to be realised in
their true sense, and not just by establishing bodies to
deal with them. Institutions must not be confused with
organisations. Organisations are a part of an
institutional framework for achieving its objectives.
More...
Farmers
Shifting towards High Value Cash Crops in Uttar Pradesh
Amar Ujala,
August 10, 2014
So, we’re getting better roads. Here are some stumbling
blocks
DNA,
August 05, 2014
By Pradeep S Mehta
Laws governing
land acquisition, environmental clearances and the
modalities of PPP will have to be looked into again to
make this ambitious road project a success. It would make
great sense if the state government drafts a comprehensive
policy for roads, transport and road safety, and
establishes one composite independent regulator to deal
with all the three dimensions under one roof. Such a move
will ensure coherence rather than face turf issues with
different agencies governing the three different aspects
of smoother and safer transportation to the citizens of
the state. Such a regulator will be insulated from
different line ministries and thus can be more effective.
More...
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See Also
Media Room
Don’t carry on, doctor!
The Hindu Business Line,
January 17, 2014
WTO AT BALI: Multilateralism versus
Regionalism in Trade
Economic Times,
December 23, 2013
Ending Bali on a high
The Hindu Business Line,
December 17, 2013
Fiscal deficit target, a joke
The Hindu Business Line, November 03, 2013
We need a National Sarpanch
Economic Times, September 25, 2013
Events
National Seminar on Need for National Competition Policy for
India: How to Overcome Challenges?
February 18, 2014, New Delhi
Brainstorming
Meeting
Development Dimensions of India’s Foreign Trade Policy
January 31, 2014, New Delhi, India
Agenda | Backgrounder
Seminar on Competition Reforms in Indian Electricity Sector
January 31,
2014, Chennai
Brainstorming Meeting
Mega FTAs and the Indian Economy- Analyses of Impacts and
Counter Measures
January 24, 2014, New Delhi, India
Agenda | Backgrounder
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