Politics/Nation
Govt gives in to dissenting states, no NCTC for now - Amitabh Sinha, FE
Mamata leads charge of chief ministers against Centre on issue. The National Counter Terrorism Centre that the Union home ministry wanted to create will not see the light of the day — not in the near future at least, and certainly not in the manner in which it was envisaged.
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Boost for pro-Madani campaign? - VR Jayaraj, Pioneer
‘A matter of time’ before action on two Ministers - Smita Gupta, Hindu
Uttarakhand high court bars Arya Samaj from issuing marriage certificates - DS Kunwar, Times of India
Railway minister’s nephew is director of Canara-HSBC JV - Rohan Dua, ToI
WikiLeaks: Pranab was removed as Defence Minister because he could not generate party funds - Sachin Dixit, NitiCentral
Karnataka results analysis: BJP’s mistake was removing Yeddy from Delhi - R Jagannathan, FirstPost
3 contenders for Karnataka CM’s post - K Giriprakash, Business Line
Mamu will fix Kumar’s posting, Singla boasted - Neeraj Chauhan, Times of India
Canara Bank loans to Bansals under cloud - Rohan Dua, Times of India
1984 Anti-Sikh riots: United opposition exhorts Prez to intervene for SIT - Pioneer
BSY proves fatal for BJP - Kestur Vasuki, Pioneer
Ashwani Kumar and Pawan Bansal squirm as their future hangs in balance - IE
SC tears into CBI and PMO, says ‘heart of report changed’ by government - Abhinav Garg, ToI
Congress wins clear majority in Karnataka after 14 years, BJP reduced to joint 2nd with Gowda - ToI
Yeddyurappa’s exit sealed BJP’s fate - Shekhar Iyer, HindustanTimes
Karnataka Election: BJP’s messy governance helps Congress win - TS Sudhir, FirstPost
Coalgate: SC slams govt's interference calls CBI a caged parrot - ToI
Advanced Agni-6 missile with multiple warheads likely by 2017 - Ajai Shukla, Business Standard
Sonia wants Ashwani Kumar, Pawan Kumar Bansal to quit: Sources - CNN-IBN
Bansal's great railway bazaar - Abhishek Bhalla, Mail Today
CPM, BJP: Cong, Kerala Govt shielding Islamists - VR Jayaraj, Pioneer
Pawar politics gives UPA food for thought - Annapurna Jha, Pioneer
Won't spare anyone at any level in Railgate: CBI chief - Neeraj Chauhan, Times of India
Fresh trouble for Pawan Bansal over bank loans to family business - Miloni Bhatt & Shamik Ghosh, NDTV
How the Centre and police have shielded Sajjan Kumar since 1984 - Chander Suta Dogra, Hindu
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Verbatim

There was for years an old "social contract" between politicians and business. This provided for complex rules and regulations that made it impossible to do business honestly in many fields. But it was possible to do business dishonestly, through pay-offs . Some called this "efficient corruption" : politicians took money and delivered clearances. However, the anti-corruption mood of the courts, and new fears of getting caught (like Pawan Bansal) have ended "efficient corruption" . Politicians may still take money but not deliver on clearances , what some call "inefficient corruption" that freezes investment and growth. The old social contract has broken down.
Swaminathan SA Aiyar
 

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