-The Economic Times Something interesting happened in Mumbai last month. For the first time ever, Harvard Business School stepped out of its Boston campus to bring its leadership and corporate accountability programme for senior corporate executives to India. The programme focuses on promoting socially and financially responsible corporate conduct. In an environment where scams and business scandals are making headlines every day, the turnout for the four-day programme was expectedly impressive. "Corruption...
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On the money
-The Indian Express The UPA has long been planning a shift to direct cash transfers for poor households, with a view to replacing the 3.23 lakh crore worth of unwieldy subsidies currently in place. Last year, the then finance minister Pranab Mukherjee had spoken of the famously inefficient food and fertiliser subsidies, and of a comprehensive overhaul through cash transfers. Now, that plan has been fleshed out further. The prime minister...
More »Joshi formula among 3 CAG used to estimate 2G loss -Appu Esthose Suresh
-The Indian Express One of the three formulae used by the Comptroller and Auditor General to calculate the loss to the government for selling 2G spectrum on a first-come-first-served basis was suggested by BJP leader and Parliament’s Public Accounts Committee (PAC) chairman Murli Manohar Joshi. When the team conducting the audit said they “are not on strong ground” in basing the loss on the formula suggested, they were told by CAG headquarters...
More »No more just a dire warning: Climate change-Urmi A Goswami
-The Economic Times Get ready for an era of widespread droughts, super storms, flash floods, excessive rainfall, high food prices, higher levels of migration and higher outlays to survive extreme weather. The events of the past year make it clear that this is no longer a dire warning. Climate scientists predict extreme weather will become more common in the coming years if the world doesn't act decisively to address climate change. Yet, governments...
More »Pitfalls for subsidy targeting -Subir Roy
-The Business Standard Cash transfer is targeted at the poor, but Aadhaar has no role in identifying the poor The disbursement of subsidies through direct cash transfers is round the corner. It will begin in 51 districts in the new year, just over a month away, and in half the country in four months’ time. So it is important to ask: do we have the capability to take on this job,...
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