'The major reason is the reluctance of the Indian citizen, particularly in the middle class, to pay his dues. Only around three per cent of Indians pay any income tax and these are mostly those who are employed, and whose taxes are deducted. I often refer to us as a nation of thieves, who steal from our government,' says Aakar Patel.
'I know and recognise that television needs interesting material. I don't even have a problem with them doing entertaining and irrelevant stories, even if they don't interest me personally. However, when something of grave importance is also breaking at the same time, then it becomes difficult for me to forgive such irresponsible behaviour,' says Aakar Patel.
Tirole's insights show how real-world incentives are complicated, and contracts can be difficult to write and enforce.
'There is no real doubt that the Congress government was incompetent in stopping the violence against the Sikhs and there are serious charges of mass murder that many in the party face.' 'It would do Indians a great service if the government showed that it was firm and decisive in acting against these people now.'
Gold schemes are offering attractive returns to investors.
'It seems to me that bringing Rahul in now would be like throwing petrol on the flames consuming Congress,' says Aakar Patel.
In a golden moment in Pakistan's chequered 66-year political history, President Asif Ali Zardari on Sunday left the presidency after successfully completing his five-year term, paving the way for India-born Mamnoon Hussain to take over.
People elected me to fight corruption, I'm doing what they told me to do, Modi said.
'It seems clear that what the Gandhis have done is, if not criminal, at least improper. The fact is that having never had to work for a living, having never had to look for a job like the rest of us, having always lived in government housing their entire lives, it is only natural that they should see no difference between personal property and everything else,' says Aakar Patel.
FBT was an unpopular tax and withdrawn before the General Elections in 2009
In analysing census data from 2007-2011, researchers found that the at-birth sex ratios of Asian Americans are the same as white Americans. Arthur J Pais reports
Conversion into jewellery during redemption would entail 15-20% wastage and making charges, rendering the scheme inefficient
The RSS realises that with a majority BJP government at the Centre and in several states, now was the best time to undermine and perhaps outdo the Congress-Left 'stranglehold' over campuses and young minds.
'The cash part is the lower hanging fruit compared to the other sources.' 'To attack the cash part of black money, I can't think of anything else but demonetisation.'
Separatists and their wide network must be neutralized for peace in the Valley
'I got to know the men accused of the blasts regularly meeting them in court and jail. Some of them, like Dutt, are back in jail. Others, like Mohammed Jindran, a quiet and well spoken middle class man, were killed. And now of course Yakub is ready to be hanged. The first in the case to do so,' says Aakar Patel.
'The execution has been 100 per cent faulty.' 'The scheme is also a stupid one, a real Tuglaq Darbar scheme.' 'This way of attacking black money is the most ineffective one.'
Stuart Binny on how he stays motivated despite not getting enough playing time with Team Indian, and his father's role in shaping his career. Harish Kotian/Rediff.com reports.
Over the last four days, Prime Minister Narendra Modi greeted the heads of over 50 African nations, some of whom have extremely unsavoury reputations. Meet the 10 most controversial leaders who visited Delhi this week.
The Budget sets out a comprehensive vision.
The Narendra Modi-led government has issued around 50 fresh guidelines easing conditions for industry in about six months, beside launching an online system for applying environment clearances.
In the first of a three-part series Paranjoy Guha Thakurta details the salient features of the Undisclosed Foreign Income and Assets (Imposition of Tax) Act, 2015.
Before Lok Sabha and Rajya Sabha was proceedings were disrupted by a relentless Opposition over the demonetisation issue, other topics such as compensation for military personnel, counterfeit notes were spoken of. Here's what happened in Parliament.
T P Sreenivasan was India's high commissioner in Fiji in 1987, when Sitiveni Rabuka toppled the Indian-dominated government there. Ambassador Sreenivasan stayed on for two years after the coup, fighting for the rights of the people of Indian origin before he was expelled by Rabuka. 'Meeting Sitiveni Rabuka, who had overthrown a democratically elected government, discriminated against the Fiji Indians, brought untold humiliation and suffering to them, tried to disenfranchise them, ordered me out of Fiji and closed down the Indian high commission was a difficult decision to take even after 25 years,' notes Ambassador Sreenivasan who eventually caught up with Rabuka over a game of golf.
Boko Haram, which has caused havoc in Nigeria, Africa's most populous country through a wave of bombings, assassinations and now abductions, cannot be viewed through the prism of religion alone. It is also a major political problem, says Confidence Uwazuruike.
It is regrettable that the IB has tried to devalue the expertise available both within the concerned ministry and in the scientific community by its allegations. Governments and NGOs in many western nations have not been accused of being 'anti-national' when they put their foot down on questionable practices by cash rich agri-business companies, says Rashme Sehgal.
'You may show at the end of December how much money has come into the system, but none would be the wiser because most of see only what we want to see and believe.' 'Some of us will see through it and you will make your proxies call us enemies of the State.' 'I was somewhat with you till here. But we diverge from here on until you can do something which will veer through my cynicism brought about by your policy,' says Harsh N Gokhale.
'I felt like a used and discarded rag.' 'The pro-dialogue constituency has shrunk in the valley.' Academician and author Dr Radha Kumar was among the three interlocutors which the Manmohan Singh-led UPA government appointed on Kashmir in October 2010, speaks of how the panel report was never acted upon.
The second and final part of advocate Prashant Bhushan's interview with Sheela Bhatt/Rediff.com. Bhushan is one of the petitioners in the black money case in the Supreme Court
The second and final part of advocate Prashant Bhushan's interview with Sheela Bhatt/Rediff.com. Bhushan is one of the petitioners in the black money case in the Supreme Court
Here are the big takeaways from the debate.
'Human rights violations are there in rural areas and in cities. In rural areas it is crude and in the open. In urban areas it is well hidden.' 'Awareness has grown several fold. India has 160 national and state human rights institutions. No other country in the world has this.' 'Unfortunately the right to association, right to assembly, freedom of expression, right to protest and discuss are all being curtailed systematically one by one.'
'The Army must always be balanced in response.' 'Rabble rousers will demand that it be given a free hand against anti-national elements in the streets. That is exactly what the adversaries want.' 'Burning the Kashmir Valley through the summer is their desire; the Army will never contribute to enhancing their aim,' says Lieutenant General Syed Ata Hasnain (retd), who served as the General Officer Commanding 15 Corps in Kashmir.
Indians all over the US are going beyond being human and are learning to be humanitarian and expand their philanthropy activities finds Ajailiu Niumai.
'J&K continues to have the highest concentration of military personnel anywhere in the world and the alienation of the Kashmiri has increased in the last ten years than ever before.'
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