Full text of the speech delivered by the Comptroller and Auditor General to young police officers at the Sardar Vallabhbhai Patel National Police Academy in Hyderabad on October 11, 2011. I am happy to be present today at this premiere training institution to address a group of young officers at the threshold of their careers, as well as senior officers occupying responsible positions in the State Police forces. In a world...

L. Devasagayam moved into the tsunami resettlement quarters in the village of Idinthakarai on the coast in the far south of Tamil Nadu after his neighbourhood further south was destroyed in the 2004 calamity. But now, he worries that the colourful home that he gratefully accepted after that disaster could be his undoing. The reason for the fear confronts him when he steps out of his house. Clearly visible at a...

-Live Mint   The poor remain poor because they lack resources. And the formal finance sector does not want to lend them because they are too poor, costs are high and they hardly have anything to offer as collateral. That is, they are trapped in the vicious circle of poverty. This was so until the arrival of microfinance—successfully demonstrated by the Bangladesh model that the poor are “good” borrowers. It was held...

-Reuters Cotton farmer Ravindra Krishna Patil in Maharashtra should be feeling flush after strong monsoon rains and a good crop, but high costs have cast a pall over his preparations for the festive season. Instead of splashing out on gold jewellery, appliances or maybe even a car during the biggest shopping season of the year, 28-year-old Patil must count his rupees after costs of everything from fuel to labour soared while cotton...

The Planning Commission’s poverty line affidavit has exposed how blissfully ignorant the glorified economists of the UPA are of the true reality of India The 2G spectrum scam, Commonwealth Games loot, cash-for-vote bribery, Lokpal fiasco, Pranab-Chidambaram duel on the Finance Ministry note, and the count goes on. It seems the UPA-II is stuck in a rut.  As if the battering by the united Opposition and hauling over the coals by civil...