Business/Economy
Sign return bond and go to US, doctors told - Hindu
Any doctor travelling to the U.S. for higher medical studies from this year onward will have to sign a bond with the Government promising to return to India after completing his/her studies. This has been done to prevent doctors from leaving the country on the pretext of higher studies and eventually settling down there.

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RBI not keen on Bank Licence auction - Economic Times
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Gujarat model of growth served on Kolkata platter - Pioneer
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Read the Mittal case right: Scarcest commodity in telecom is not spectrum, but guts to undo policy wrong - Economic Times
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Trai's bad timing - Vanita Kohli-Khandekar, Business Standard
Two scary steps forward - Mihir S Sharma, Business Standard
India’s stalled highway projects - Mint
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Sugar decontrol: A reform half done - Abinash Verma, Financial Express
Sweet taste of freedom - Ashok Gulati, Indian Express
Corporate scorecard may be full of red marks - Malini Bhupta, Business Standard
The Marwari business model-I - Harish Damodaran, Business Line
Sugar policy just turned sweeter - Ajit S Shriram, Business Line
Changes in H-1B norms give sleepless nights to IT Inc - PP Thimmaya, FE
Choked cash flow bleeds state oil cos - SPS Pannu, Mail Today
Sugar decontrol revs up market; rise in M&A activity likely - Shreya Jai & Madhvi Sally, Economic Times
Healthcare needs intensive care, not a quick fix - Chitra Subramaniam Duella, ET
Kolkata braces for Gujarat CM Narendra Modi - Subrata Nagchoudhury, IE
Chopper probe glare on agent Michel - Yatish Yadav, NewIndianExpress
India is a major money launderer: U.S. report - Abhinandan Mishra, Sunday Guardian
Numbers with a view - Seema Chishti, Indian Express
Doing business in India 'is messy' - Gaurav Choudhury, Hindustan Times
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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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