Business/Economy
How the black economy subverts India’s politics - Minhaz Merchant, ToI
How much does it cost to run a political party? If you go by the audited balance sheet of the Congress for 2009-10 (the latest available), the answer is Rs 525.97 crore. This is a party with several million workers, offices in every one of our 35 states and union territories (UTs) and which fights an average of seven assembly elections each year.
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US immigration reforms can be a passport to failure for IT - Economic Times
Dear FM, say it like this - Laveesh Bhandari, Economic Times
Government to allow telecom firms to share spectrum - Shauvik Ghosh, Mint
The higher education racket in India - Rajeev Mantri & Harsh Gupta, Mint
App-solutely brilliant! - Sharad Raghavan, Financial Express
Delhi Govt set to follow Gujarat model - Rajesh Kumar, Pioneer
Money for nothing as Dow flies - Sandeep Bamzai, India Today
Manufacturing drought, Maharashtra style! - Geeta Nair, Indian Express
Wary agencies want CAG to vet future projects - Dipak Kumar Dash, ToI
Cut the rates, never mind the spreads - Shobhana Subramanian, Financial Express
Goa corporate honchos chant NaMo mantra - Mayabhushan, Pioneer
Gold prices slump below Rs 28,000/10gm on global cues - Business Line
Why Zuckerberg ‘likes’ H-1B visas, immigration reform - Chidanand Rajghatta, Times of India
Norway's oil gold to flow to India - TK Arun, Times of India
Ministry's initiative to push indigenous development - Ajai Shukla, Business Standard
A patent victory under threat - Brook K Baker, Business Line
Loss-making PSU ITI busy lining coffers of pvt firms - Kumar Uttam, Pioneer
Factory output growth slumps in February - Hindu
Putting people on the map - A Srivathsan, Hindu
After 40 yrs, Canada to sell India N-fuel - Sachin Parashar, Times of India
The UPA's Innumeracy - Rukmini Shrinivasan, Times of India
Assocham puts Narendra Modi's Gujarat at top in attracting private investment - FE
Rahul Gandhi wants to enjoy power without accountability: BJP - PTI
Food for thought - Financial Express
Broadening India’s 3G band - DPS Seth, 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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