On the road to Liberty

Though Indian politicians talk a lot about reform, they are good at spending tax payers money, mostly because they are socialists. Every political party in India should swear allegiance to socialism, according to the 42nd amendment to constitution.There are around 50 parties represented in the parliament, but people of India do not have much of a choice as there is no liberal political party. The petition filed by Sanjiv Agarwal is a case in point. The petition was withdrawn on the grounds that no political part has opposed the insertion of the word 'Socialism".Political parties should take up this cause.My article titled "We're All (Still) Socialists in India" was published in The Wall Street Journal on July 26th 2010. India's politicians love to talk about "reform," but if the recent past is any indication, most of them like spending money more. There's the $22 billion annual bill for food and fertilizer subsidies; the billions spent every ye...

An interesting new law aimed at simplifying land titles and land records, has been proposed by the government. The draft of the Land Titling Bill 2010 , is now on the website of the Department of Land Resources. In the following article I look at the some of the problems in laws and regulations governing land, and assess the possible impact of the new proposal. I also suggest a few key points that might make this innovative law really transformative one. A version of this article was published in the Wall Street Journal Online, under the title " India lands in a mess ", on July 13, 2010. Tthe proposed property-rights bill could have far-reaching, positive implications for the economy. Bollywood star Amitabh Bachhan cannot buy a piece of farm land outside Mumbai, the city he made his home 40 years ago, because he has first to prove that he or his family are farmers in his home state of Uttar Pradesh. A businessman ended up paying twice for a piece of land in a Himalayan mounta...

The Commonwealth Games is just a few months away and the transportation system in Delhi is in a big mess-whether it is the metro rail system or the public-sector bus system. Planners blame these problems on population growth and unlicensed private transportation. The blame , however, should be placed on the planners themselves. Restricting the entry of vehicles is not the solution.Entry barries should be eliminated and traffic police should be privatized. My article titled "Fixing Delhi's Demonic Traffic" was published in The Wall Street Journal on July 1st 2010. The Commonwealth Games in New Delhi are just four months away, and residents of India's capital city are bracing for more traffic nightmares as players and guests from over 40 countries pour into town. The city already contends with crumbling public transportation and mind-numbing traffic jams. National and state governments have opened their wallets to meet the exponentially growing costs, arguing the spend...