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Showing posts from January, 2008

An Online Market for Easements?

AN ONLINE MARKET FOR EASEMENTS? Ganga Prasad G. Rao http://myprofile.cos.com/gangar At the rate land is gobbled up by the rich, commercial establishments and real estate companies, (and looking at the exponent on the price projection) you might be excused for putting up your neighbor's land for sale and running away with the proceeds to Tonga! But seriously, in a land of a billion people, land is increasingly scarce. After all, we need land for roads, parking spaces, parks, cinema 'complexes', stadiums, malls, offices, palatial bungalows, cottages, hotels, entertainment parks – the list is endless. Look what suburban sprawl did to the US. If we followed them, there would be no rural hinterland to talk about. Even as things stand, our forest cover and our bio-diversity is being raped by an economy that only cares for GDP growth and profits at the bourses. If things continue at this pace, India will be one vast stretch of concrete interspersed with asphalt from Kargil to Kany...

Corruption, Desi style!

Corruption, Desi Style! Ganga Prasad G. Rao http://myprofile.cos.com/gangar Many heads have pondered over it, much has been written on it, and many a shelves have been filled investigating it that you'd wonder what I have to add to the phenomenon of corruption - short of suggesting the use of electric eels on the corrupt with divine or better yet, satanic intervention! But seriously, is corruption merely the lubricant that turns the wheels of the economy or is it the proverbial spanner in the wheels of progress? From the farmer who must bribe the bank officer before he signs the loan papers, the widow who must borrow to bribe to receive her husband's death certificate that qualifies her for insurance, the anxious parent in two minds about bribing the Principal to secure his child's admission, to the impatient guy all too willing to part with a few big notes to the license officer to drive away with his new SUV, all are examples of how corruption pervades the daily life of c...