India parliament backs tougher anti-graft bill

NEW DELHI Sat Aug 27, 2011 8:27pm IST

Border Security Force (BSF) soldiers ride their camels as they rehearse for the "Beating the Retreat" ceremony in New Delhi January 27, 2015. REUTERS/Ahmad Masood

"Beating The Retreat" Rehearsals

Rehearsals are on for "Beating the Retreat" ceremony which symbolises retreat after a day on the battlefield, and marks the official end of the Republic Day celebrations.  Slideshow 

NEW DELHI Aug 27 (Reuters) - India's parliament expressed support on Saturday for tougher anti-corruption legislation, the finance minister said, meeting key demands set by a self-styled Gandhian social activist to end his 12-day hunger strike against graft.

Finance Minister Pranab Mukherjee told both chambers of parliament that there was support for putting forward tougher anti-corruption legislation. There was no vote however, which had been expected. Social activist Anna Hazare, 74, is expected to end his fast on Sunday.

Hazare's anti-corruption protest has rallied much of the population and tapped a groundswell of public anger against endemic corruption, uniting the country's bulging middle-class against the hapless government and underlying voter anger at Prime Minister Manmohan Singh. (Writing by Henry Foy; Editing by Paul de Bendern)

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After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.