-The Times of India Expectedly, CAG's reports on coal, power and Delhi airport have raised a storm. Yes, one takeaway is the need for transparency in resource disbursal and use, be it minerals or land. But if CAG - whose job is to keep accounts - habitually hypothesises about presumptive revenue loss owing ostensibly to absence of this or that policy in the past, where will it end? Its coal audit...
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A misdirected audit
-The Indian Express When the Delhi Development Authority had the sole right to build houses in the capital, it was unable to meet the demand from an expanding population. If private builders stepped in to build where the DDA was not doing so, is it a fair calculation to say that the profit they could make was a loss to the government exchequer? The CAG’s estimate of loss to the government...
More »Thermal power projects for 12th Plan have clearances: Central Electricity Authority
-PTI All the thermal power projects planned for the 12th Plan Period have requisite clearances and are at the advanced stages of construction, the Central Electricity Authority (CEA) has said. The capacity addition targets for 2012-17 do not include the projects - with a total capacity of 32,000 MW - that are stranded due to environmental issues, CEA added. The government is planning to add about 1,00,000 MW capacity by 2017. CEA, the techno-economic...
More »Power-less lives blamed on sadhus
-The Telegraph Surtama, a 37-year-old woman from the mountains of Uttarkashi, was in the capital yesterday to express anger at having to live with no electricity and demand a revival of stalled hydroelectric projects in her state. “We walk more than 2km to a village in Himachal Pradesh to charge the mobile phone battery,” said Surtama from Pujeli, a village of about 80 households some of which have acquired mobile phones to...
More »India’s low-carbon growth strategy-Nicholas Stern & Kirit Parikh
-The Indian Express Rich countries must stop lecturing developing countries and accelerate their own efforts to cut emissions There is no shortage of people telling India what to do on low-carbon growth, but there is a shortage of understanding of what India is doing. Even the UNDP in its recent Asia Pacific Human Development Report urges emerging economies like India to do more for climate change. If one appreciates what India’s emissions are...
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