Business/Economy
Government as risk factor - Vinayak Chatterjee, Business Standard
Ask any infrastructure developer and he will tell you that the biggest risk factor is the government itself. The “sovereign” does not inspire confidence when, paradoxically, in financial markets, sovereign debt and sovereign guarantees are supposedly the safest you can get. Infrastructure developers will also tell you that the situation is akin to being invited to dinner as a valued guest; and as soon as you arrive at your host’s gate, you get roughed up, beaten and sometimes even killed by the guards on duty.
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Industrial growth slows to 20-yr low of 1% in 2012-13 - Times of India
The flip-side of Bansal: Thriving black market of government jobs - Saubhik Chakrabarti, Economic Times
How do you prevent rupee trades? - Ila Patnaik, FinancialExpress
Delhi Press's bold gamble - Vanita Kohli-Khandekar, BusinessStandard
Squeezing India's airports - Bhupesh Bhandari, BusinessStandard
Configuring a 'non-toothless' Trai - Shyam Ponappa, Business Standard
Rs 28,000-crore IAF order up for grabs - Ajai Shukla, Business Standard
Foreign chains get leeway on back-end investments - Nivedita Mookerji & Nayanima Basu, Business Standard
Foreign airlines may soon get nod to fly Airbus A380 into India - Tarun Shukla, Mint
Murdoch’s Game Theory - Anushree Chandran, Financial Express
The end of social democracy - Manas Chakravarty, Mint
Who creates jobs? - Economist
Credit squeeze shackles exports - Anil Sasi, Indian Express
MCA agonised over fraud probe as cheat funds ran riot - Ashish Sinha & Rishi Raj, Financial Express
Reforms get stuck in FDI versus FII fight - Anandita Singh Mankotia & Dilasha Seth, Economic Times
Indian-American scientists help pharma cos stay ahead in export race - Lalatendu Mishra, Hindu
Indian to head world’s top liquor company - Boby Kurian & Reeba Zachariah, Times of India
The how & why of Railway Board posts - Avishek G Dastidar, Indian Express
10 reasons why Amartya Sen is wrong about food security bill - Vivek Kaul, FirstPost
Farming as a value chain - Surinder Sud, Business Standard
Happy trade tidings for India? - Biswajit Dhar, Mint
The biggest retailer in Uttar Pradesh - Vidhi Choudhary, Mint
How Bengal’s deposit-taking firms unravelled - Aniek Paul, Mint
India's sheikhs appeal - Bodhisatva Ganguli, Economic Times
Making Doordarshan work - Vanita Kohli-Khandekar, Business Standard
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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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