Politics/Nation
Murders force Marxists to go into hiding - VR Jayaraj, Pioneer
The CPIM) has transformed itself over the years from a revolutionary party fighting to establish dictatorship of the proletariat to a democratic outfit not much averse to liberal ideas, but old habits die hard. Two of its senior leaders in Kerala have now gone underground for reasons quite different from those for which comrades used to go into hiding in the olden days.
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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
Lawyers seek action against Vahanvati - Abhinav Garg, Times of India
Railway officers allege posts kept vacant to breed graft - Shyamlal Yadav, Indian Express
Link between Bansal and railway bribery scam gets stronger - Raman Kirpal, FirstPost
BJP on Food Bill: Amartya Sen unaware of Cong’s history; we aren’t anti-poor - FirstPost
CBI puts Attorney General in the dock - Gyanant Singh, Mail Today
Dizzying rise of Bansal family company - Sushmi Dey & Gyan Varma, Bus Std
Sushma, Jaitley tear into Govt defence - Pioneer
CBI affidavit indicts PMO, Law Minister - Pioneer
Defence ministry locks horns with MHA over ITBP reins - Rajat Pandit, ToI
Ashwani made 2 'significant' deletions: CBI - Utkarsh Anand, Indian Express
CBI phone-tap reveals Railgate dirt - Rajnish Sharma, Asian Age
Coalgate: Eight take-aways from CBI's affidavit filed in Supreme Court - ET
Rail bribery row: CBI finds links that could lead up to minister Bansal - Raghvendra Rao, Indian Express
Exit polls predict a Congress victory in Karnataka - Karthik Shashidhar, Mint
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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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