This post has been written by Mr. Pratik Datta. Background Present Indian laws ’prohibit’ foreign direct investment (FDI) in railways (other than mass rapid transport system). Of late there has been growing expectation that the Indian Government might allow 100% FDI in construction and maintenance of railway projects (but not in operations). Suddenly the optimism … Continue reading Foreign direct investment in railways: Does national security matter?
How expensive is corruption? Public Administration I
Every instance where corruption is a topic of discussion revolves around one central question (apart from the obvious immorality of it): How much does corruption cost society as a whole? I recently picked up a book in an order to understand the process of public administration better. Its preface gave at least one, objective estimate … Continue reading How expensive is corruption? Public Administration I