Paris

India’s Financial Drain

Rishiv Khattar Global Financial Integrity recently published a study, The Drivers and Dynamics of Illicit Financial Flows from India: 1948-2008, that found that India has lost $462 billion in illegal assets during the period, as a result of corruption, bribery and tax evasion. $125 billion dollars were lost in just the past decade, and nearly … Continue reading "India’s Financial Drain"

Paris

Estimating earmarking of funds

It is common for governments to conceive of new schemes at the drop of a hat and then make grandiose pronouncements of the money allocated to these. It is another matter altogether to actually make that money available to the implementing agencies, whether they be local governments or departmental offices at the sub-District levels, so … Continue reading "Estimating earmarking of funds"

Paris

Can the IAS learn Bridging and Adaptive Leadership?

First and foremost, the IAS needs to consciously work on curbing swollen heads within their tribe. By all means, let there be a genuine celebration of the fact that people have cleared a tough examination to enter the hallowed service. However, following that, it is important to develop a sense of equanimity and not let … Continue reading "Can the IAS learn Bridging and Adaptive Leadership?"

Paris

Making the case for expanding Social Security Pensions: States show the way

The country has seen one of the most impressive mobilisations in recent times not by the urban middle class against corruption or farmers on the land acquisition legislation, but of a group that are perhaps most invisible- the elderly and widowed poor who have been organising under the banner of the Pension Parishad[1]. The Pension … Continue reading "Making the case for expanding Social Security Pensions: States show the way"

Paris

How Conservation Payments Ought to be Used

As detailed in last week’s blog, the report on ‘High Conservation Value Forests: An Instrument for Effective Forest Fiscal Federalism in India’ suggested the devising of a horizontal formula that comprises of a ‘High Conservation Value Forests Index’, a ‘Conservation Cost Index’ and a calculation of Opportunity Cost, namely, the revenue foregone by states by … Continue reading "How Conservation Payments Ought to be Used"