It is this obsession with GDP and FDI growth and a facile belief that this growth in the GDP would trickle down to the poor as well, that has led to the neglect of the genuine concerns of the poor in the country.
Bringing accountability to the judiciary must be preceded by frank public discussion and debate. Unfortunately that cannot get started with the threat of contempt looming over people.
The wide and unregulated power of contempt given to the courts has been deliberately interpreted by the courts in a manner which has served to intimidate the media from exposing corruption and misbehaviour by the courts and judges.
The rule of law is the most basic principle on which our Constitution is based.
Having enjoyed enormous powers, including the power of contempt, without any accountability, the higher judiciary has over the years, trampled the toes of many persons and institutions, particularly the media.
Normally, the secrecy and lack of transparency surrounding the appointment of judges of the higher judiciary ensures that citizens come to know of these appointments only after the Presidential notification, announcing the appointments, is issued.
Our courts must send a clear signal that India is not a banana republic where foreign companies can be invited to loot our resources and even avoid paying taxes on their windfall gains from the sale of those resources.
With the passing of Justice V.R. Krishna Iyer, who had just entered his 100th year, the world has lost one of the greatest judges and jurists of all time and also a fine human beings. He used his extraordinary juristic and intellectual gifts to help everyone he could and to address all forms of human suffering.
The U.S. economy will tank if either China withdraws its money from the U.S. Banks, or Saudi Arabia stops depositing its oil money in U.S. bonds, or even if the oil trade goes off the dollar.
It has always been accepted, even in pronouncements by the Supreme Court that the Court and its judgements can be subjected to strong, even trenchant criticism. Is the same yardstick not available for comments on the use or abuse of the Court's powers of contempt?
A large part of the income of the 'Big 5' accountancy and consultancy firms derives from tax avoidance schemes which flourish in the name of tax planning. Their legality has agitated courts in India and abroad for a long time.
It is argued by our GDP obsessed policy planners that eventually the money being made by the stock market operators or the IT industry would trickle down to the poor farmers in terms of ancillary jobs that would be created. But the fact is, that this has not happened, despite the boom in the stock market and the IT industry.
Implementation of reforms within the Police and Intelligence agencies should certainly improve security and reduce terror attacks. But that will not eliminate the problem. Israel, with the most efficient intelligence, security and police has not been able to eliminate the problem, despite the small size of the country.
There exists a cell of policemen within the Delhi Police which is accountable to no one but itself. Operating without uniforms, these are the dreaded encounters specialists of Delhi.
In India, all public servants employed by the central or a state government or any other public authority under their control are required under the relevant civil service rules to submit returns of movable and immovable assets owned by them and their immediate family.
Man's endeavour to cross even the most difficult terrain with railway lines has produced some of the most stunning marvels of engineering of the modern age.
Since environmental and health damage is not factored into reducing GDP - and in fact the resulting health costs and the costs of cleaning up the environment would also inflate GDP, a GDP obsessed government would try and dismantle environmental and health regulations.