Business/Economy
The big easing - Daniel Gros, Business Standard
More than three years after the financial crisis that erupted in 2008, who is doing more to bring about economic recovery, Europe or the United States? The US Federal Reserve has completed two rounds of so-called “quantitative easing,” whereas the European Central Bank (ECB) has fired two shots from its big gun
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Cos with captive coal mines may be allowed to produce & sell surplus - Subhash Narayan, Arun S, Financial Express
IMD forecasts normal monsoon at 98% of long period average - P Sunderarajan, Hindu
'History-sheeters, shady builders running channels' - Times of India
Saradha-hit govt plans ordinance teeth for Sebi - Subhomoy Bhattacharjee, Indian Express
Jet-Etihad deal shows again why Naresh Goyal is the king of the policy jungle - Javed Sayed, Economic Times
A strange way to price gas - M Ramesh, Business Line
The flesh was weak - Bhupesh Bhandari, Business Standard
Posco plods along despite setbacks - Dillip Satapathy, Business Standard
Cheat fund: State failed, but so has centre - Vinay Pandey, ET
How the Jet-Etihad deal was struck - PR Sanjai, Mint
The answer to the CAD lies within - Sajjid Z Chinoy, Financial Express
Land lease is an idea whose time has come - N C Saxena, Business Standard
India should cut rates, take on Chinese goods: Roubini - Ruchira Roy & Gayatri Nayak, Economic Times
Rs 4,000 cr at stake, SEBI asks Bengal to probe five more chit fund companies - Madhuparna Das, Indian Express
Etihad picks up 24% stake in Jet Airways for Rs 2,050 cr - Business Line
Breaking the telecom logjam - Mahesh Uppal, Financial Express
Roubini says India far from doomsday, can better BRICS peers - Indian Express
Get real. More growth=less jobs - Ashoak Upadhyay, Business Line
West Bengal's 'chit fund'-fuelled media boom - Digbijay Mishra, Business Standard
Maharashtra tomato farmers prosper from red-hot auction model - Nanda Kasabe, Financial Express
Policy paralysis hit growth - Financial Express
India inc can now land - Swaminathan S Anklesaria Aiyar, Economic Times
UPA hauled over coals on captive mine blocks - Financial Express
Uncomfortable truth about CAD - Sajjid Z Chinoy, Financial Express
Bad economics can also be bad politics - Financial Express
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Verbatim

The UPA 2 government was conceived in corruption – and never really recovered from that taint. Right from the day the election results came in, the back-channel negotiations began for the reappointment of A Raja as Telecom Minister to advance the interests of certain telecom majors (in return for illegal gratification). It was an enterprise which set the stage for India’s biggest corruption scandal and virtually set the political tone for the rest of the four years. As subsequent exposes have established, Manmohan Singh and other key Ministers knew full well that mischief was afoot, but pointedly looked the other way. That was the beginning of the slide, and the UPA government in general – and Manmohan Singh in particular – was mortally wounded from that episode. But rather than press ahead with remedial action, the government slid further into the cesspool of corruption.
Venky Vembu
 

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