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Oil PSUs: Decoding the math of loss or under-recovery and what it means-Avinash Celestine

-The Economic Times How right was the government when it stated that the under-recoveries posed a threat to 'our national economy'? Or when the government says that it gave more to the sector in the form of subsidies than it earned as fuel taxes? The government would also like you to believe that the under-recoveries, dependent as they are on the price of crude in the international market, and the exchange...

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Beauty lies in the ‘domain’ of the highest bidder -Parminder Jeet Singh

-The Hindu Icann, the global authority dealing with domain names, is hastening the threat of monopolisation on the internet through its new scheme to sell generic words L’Oréal has applied for the top level domain (TLD) .beauty to the Internet Corporation for Assigned Names and Numbers (Icann), the global authority dealing with domain names on the Internet. TLDs are what we see on the right side of the dot in domain names...

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States urged to adopt T.N. norms in MGNREGS for persons with mental illness -Aarti Dhar

-The Hindu Taking up the cause of persons with mental illness, their families and care-givers, the Ministry of Health and Family Welfare has asked State governments to explore the possibility of identifying employment opportunities under the Mahatma Gandhi National Rural Employment Guarantee Scheme that are particularly suitable for such people. Citing a recent government order of the Rural Development and Panchayati Raj Department of Tamil Nadu, through which guidelines have been laid...

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Continuing onslaught on the CAG -Ramaswamy R Iyer

-The Hindu The work of India’s supreme auditor cannot be put through an audit unless the institution itself initiates one The relentless campaign against the Comptroller and Auditor-General, of an unprecedented ferocity, compels me to write again on the subject. First, has the CAG caused a political and constitutional crisis, as some have argued? All that the CAG does is to submit audit reports. Any audit report, if it is a good report,...

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'Crony capitalism' to be out of plan docu? -Dipak Kumar Dash

-The Times of India The Planning Commission may drop reference to crony capitalism in the plan document after protests from some ministers who are of the view that any mention would be a tacit acknowledgment of the existence of the practice. Besides, it has suggested "transparent auction" of natural resources as the solution, something that the government is not willing to accept as the one-size-fits-all approach for all sectors. Apart from crony capitalism,...

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