-PTI Odisha and Jharkhand today resolved to end illegal mining activities in their border areas by adopting information technology-based solutions. "We have discussed several issues including inter-state movement of minerals. We have decided to adopt IT solutions to overcome the illegal mining activities in the border areas," Odisha's home secretary U N Behera told reporters here. Jharkhand Home Secretary J G Tubid said "We are looking into all aspects of the illegal mining...
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Reforms, competition in distribution and end to coal monopoly only antidotes to power failures-Arvind Panagariya
-The Economic Times The power failure in India on July 30-31 was big news in US media. When the radio and TV stations began calling with the question whether this spelt the end to India's claims to global-power status, my first reaction was to remind them that a similar failure of the grid in 2003 had drowned the entire Northeast and Midwest in the US and Ontario in Canada into darkness. But,...
More »CAG reports, instead of shedding light, increasingly spread confusion
-The Economic Times The three reports of the Comptroller and Auditor General (CAG) on coal, ultra-mega power projects and airports, playing out in the public discourse as major indictments of corruption and of the government, serve only to spread confusion and convert infrastructure building into a political battleground. The reports are ill-informed by commercial logic, sometimes deficient in factual detail. However, since they bear the authority of a constitutional body, the...
More »Seven-and-half years from an opaque to a transparent process for coal allocation
-The Hindu The Comptroller and Auditor-General’s report on the allocation of coal blocks, reviews how it took seven-and-half years to move the allocation procedure for captive coal blocks from a discretionary procedure to competitive bidding that was demonstrably transparent. It turns out that the process began within six weeks of UPA-I coming to power in 2004. Ironically, the amendment to the Mines and Minerals (Development and Regulation) (MMDR) Act rules for auction...
More »Extending RTI Act to public sector banks involves systemic risk-MR Umarji
-The Economic Times The main objective of the Right to Information Act, 2005, is to provide access to information in order to promote transparency and accountability in the working of every public authority. The RTI Act defines 'public authority' as anybody or authority constituted by law made by competent legislature and includes anybody owned, controlled or substantially financed directly or indirectly by funds provided by the government. While deciding the status of any...
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