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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,...

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Govt on warpath with plan panel-Kounteya Sinha

-The Times of India The idea of a single National Health MISsion to address the health challenges of the country's rural and urban population, as envisaged by the Planning ComMISsion, is in the eye of a storm. The Union health ministry has made its stand clear that a uniform approach can never work. The letter written by the ministry to the ComMISsion says that the health facilities in rural areas conform to a...

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The coal allocation mess

-Live Mint The report of the Comptroller and Auditor General (CAG) on the allotment of captive coal mines is a scathing narrative on the MIS-governance and MISmanagement of the country’s natural resources. As early as 2004, the government realized that the then prevailing system of allotment of mines was not transparent. An internal debate kicked off with the coal secretary pushing for a 28 June 2004 deadline for reforms in the...

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A watchdog that bites

-The Hindu One of the first principles that students of auditing are taught is that auditors are watchdogs and not bloodhounds. The Manmohan Singh government would have us believe, in the wake of the Comptroller and Auditor General of India’s reports first in the 2G case and now in the coal mining issue, that this basic principle is being violated by the incumbent CAG. Why should the CAG comment on the...

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CAG report on Delhi International Airport ill-informed, full of holes

-The Economic Times The CAG's report on Delhi International Airport (DIAL) is naive and uninformed. It asks why land was made available to a private developer at reduced rates to build and run an airport for 60 years, and insinuates that the developer, Hyderabad-based GMR group, got a sweetheart deal from the government. It seems to find it abhorrent that 5% of the land allotted could be used commercially and claims...

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