Opinion/Editorials
Two sides of the same coin - Hindustan Times
The BJP’s internal feud in Karnataka seems to be over for now but don’t write off former chief minister BS Yeddyurappa and his band of mischief-makers as yet. They can create more problems in the near future for chief minister Sadananda Gowda as well as the saffron party if the central leaders fall to keep the promises made to Mr Yeddyurappa and his loyalists.
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Early exit from economic stress? - Shankar Acharya, BusinessStandard
Freeing the parrot - BusinessStandard
Selective secularism - SK Sinha, Asian Age
Islamist parties in Bangladesh trying to hijack nation's politics - DNA
Engage on trade - Suman Bery, Business Standard
The real moral failure in the food security Bill debate - Vivek Dehejia, Business Standard
A darkening digital future - L Gordon Crovitz, Mint
Amartya Sen is wrong about the Food Security Bill - Financial Express
How food security law is creating perverse incentives - Business Standard
Recipe for a change for the worse - Rajesh Singh, Pioneer
Congress uses free-food Bill as fodder - Pioneer
Such a good fall: Oil & gold booms are over, good for global economy - Ruchir Sharma, Economic Times
Govt, India Inc must take advantage of ultra-cheap Western and Japanese money - Economic Times
Supreme Court support for the Kudankulam plant reverses anti-development tide - Times of India
Some chit chat - Ila Patnaik, Indian Express
Not so fast - Indian Express
Dhoni and the art of controlling an IPL match - Aakash Chopra, ESPN
Stuck record: Why Amartya Sen is wrong on food security again - R Jagannathan, FirstPost
Amartya Sen, jholawalas, and the wrongs of rights-based laws - Seetha, FirstPost
Chance to stem the CBI rot - Chitra Subramaniam Duella, Mail Today
Mr Bansal, take the train, Mr Kumar, follow the law - Abheek Barman, ET
Abdicating governance - Sitaram Yechury, Hindustan Times
Withdrawal symptoms - S Nihal Singh, Deccan Chronicle
Problem is in New Delhi, not in Beijing - Harsh V Pant, DNA
A ‘scam-a-day’ UPA chugs on - Rasheeda Bhagat, Business Line
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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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