Opinion/Editorials
Industry needs a respite - RV Kanoria, Financial Express
The Group of Ministers deliberated on the right to fair compensation and transparency in the Land Acquisition, Rehabilitation and Resettlement Bill 2011 and arrived at a consensus on October 16, 2012. We do not have the details of the final changes to the Bill as agreed by the Group of Ministers but would like to share the industry’s concerns at this juncture before it is presented to the Cabinet for approval.
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Why China’s riches won’t bring it freedom - Pankaj Mishra, EconomicTimes
Fancying his chance to be PM - Sandipan Deb, India Today
The uncrowned emperor - Pioneer
Whose cinema is it anyway? - Vanita Kohli-Khandekar, Business Standard
On the defensive on too many occasions - Sandhya Jain, Pioneer
Chinese PM Li’s India visit: Building trust is the challenge - Tarun Vijay, Times of India
Dealing with India’s China problem - Mint
Nawaz Sharif should not hold back on boosting India-Pakistan ties - Times of India
The evil that men do... - Financial Express
Pakistan 2.0 - Komail Aijazuddin, Indian Express
The celebration of wealth in The Great Gatsby - AO Scott, Indian Express
A welcome candour - Indian Express
Obama’s tapped-out trust - George F Will, WashingtonPost
Richard Milhous Obama - Carl M Cannon, Real Clear Politics
A handshake across the Himalayas - Li Keqiang, Hindu
The Prime Minister's position is untenable - Balbir Punj, Pioneer
Support vs procurement - Business Standard
That 66% number - Sunil Jain, Financial Express
Hampi’s past awaits a future - Hindu
Charting the course of Sino-Indian relations - Anurag Viswanath, Financial Express
From Sebi to SEC - Financial Express
With China, keep it real - C. Raja Mohan, Indian Express
It's time for the BJP to say 'Modi for PM' - Diptosh Majumdar, DNA
Silence of the vultures - MJ Akbar, Sunday Guardian
From Manmohan-vintage rouble scam to Narendrabhai's 'ethical incapacities' - T J S George, NewIndianExpress
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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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Editor's Picks

Double whammy strikes the UPA and negates Karnataka victory - Sandeep Bamzai, Mail Today
A climate of India-baiting: Liberals love to deride George Bush, but Barack Obama's record is much worse - Jagdish Bhagwati, Times of India
A Hindu hell on earth: Families are being torn apart by their desperation to flee persecution in Pakistan - Andrew Buncombe, Independent
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Anwar is on song in Malaysia - MJ Akbar, Sunday Guardian
 
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