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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Republic of proxystan: Bill and coo, kill and Woo - Chidanand Rajghatta, ToI
Time to empower the slave - Chetan Bhagat, Times of India
Anwar is on song in Malaysia - MJ Akbar, Sunday Guardian
1984 was a bad time to be an Indian - Madhav Nalapat, Sunday Guardian
CBI not as guilty as AG, Ashwani - Ram Jethmalani, Sunday Guardian
Sycophancy corrodes - Tavleen Singh, Indian Express
Déjà vu all over again! - Percy S Mistry, Financial Express
Act tough with China - Bidanda Chengappa, Business Line
Dealing with a cussed Pakistan - Dileep Padgaonkar, Times of India
Anybody dare to nail the netas? - Shobhaa De, Deccan Chronicle
The meek do not inherit the earth - Hiranmay Karlekar, Pioneer
Two can play at coercive diplomacy - Rajendra Abhyankar, Hindu
Weapon that has more than symbolic value - Shyam Saran, Hindu
India tested, found wanting - Bharat karnad, Indian Express
RBI plays safe - Financial Express
Walmart-level aam aadmi - TN Ninan, Business Standard
Debar criminals from contesting elections - Minhaz Merchant, Economic Times
Fight Islamic fundamentalism - Balbir Punj, NewIndianExpress
Journalists and the economics of truth - Swapan Dasgupta, Deccan Chronicle
A threat to food security - S Gurumurthy, Business Line
When will China grow up? - BS Raghavan, Business Line
A Bill too long delayed - Business Standard
A constitutional contradiction - Manoj Rai, Mint
Lok Sabha Speaker is shielding Chacko in vain - Pioneer
In defence of sweat shops - Mint
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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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