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UP polls: Voting begins for second phase on slow note -

Campaign for 2nd phase of UP Assembly polls ends -

UP phase-I polls: Female turnout percentage higher -

No truck with MNS; its vote-share will help Cong-NCP: Chavan -

We have fielded only those with clean image this time: Mayawati -

Heavy turnout in first phase shows people want change: Rahul -

Goa poll: BJP announces second list of six candidates -

Wind in favour of Congress: Priyanka -

Civic polls: Ajit Pawar, Raj Thackeray woo Pune voters -

Congress faces trouble in Goa over ticket distribution -

Sonia Gandhi hits out at BSP, BJP -

Cong trying to divide Muslims on quota issue: Mayawati -

UP: Over 28% polling in first six hours -

Beni terms Punia an 'outsider', Congress downplays the comment -

SP slams Digvijay remarks on President's rule in UP -

Rains keep voters away in early hours of polling in UP -

Goa: Denied tickets, rebels to drown Cong - Pioneer

My fight is not for any post: Rahul -

Kith and kin galore in Cong's second list for Goa -

UP polls: 121 candidates in 3rd phase have criminal cases -

UP not progressing inspite of abundant resources: Gadkari -

EC notifies ban on exit, opinion polls -

Battleground UP: Ten districts go to poll on Wednesday - First Post

EC's twists and turns on poll officer who took on Vadra -

Rahul deserves to be shown black flags: Kirit Somaiya -

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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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