-The Business Standard The economic logic - and political reasons - behind the giant shift of spending power to the states Interim Budgets are not supposed to do this. This is precisely what they are not supposed to do. They are not supposed to lay out a policy change so vast it disempowers the next central government. But that's what P Chidambaram has done - and it appears to have been...

-The Times of India NEW DELHI: The Delhi HC order empowering CAG to audit private telecom companies would not only kick off a massive audit exercise,but also ensure that CAG is empowered to audit PPPs (public-private partnerships), and similar engagements where private sector is engaged in some of the traditional government functions. "It is a landmark judgment, it will be quoted and discussed for years to come," a senior audit official said,...

-Down to Earth   14.5 per cent decline in employment under Mahatma Gandhi National Rural Employment Guarantee Scheme, says country's chief auditor The Comptroller and Auditor General (CAG) of India recently released a report on Mahatma Gandhi National Rural Employment Guarantee Scheme (MNREGS), highlighting the irregularities committed by the Uttar Pradesh government in implementing the scheme. CAG has pointed out that non-adherence to rules and regulations and inefficient financial management and monitoring of the...

-The Hindu ‘Report goes against the provisions of Constitution' THIRUVANANTHAPURAM: Chief Minister Oommen Chandy will convey to the Centre Kerala's objections to the Raghuram Rajan Committee report on evolving a composite development index of States, during his visit to New Delhi on Friday. The Chief Minister, who left for New Delhi via Bangalore on Thursday, will call on ailing Defence Minister A.K. Antony, hold political discussions with the Congress high command, and meet...

-The Hindu Social audits of the mid-day meal scheme by parents can ensure that the world's largest intervention against hunger that also helps keep children in school need not suffer setbacks like the Bihar tragedy This week, 23 children lost their lives after having a mid-day meal served at a school in Bihar's Saran district. Preliminary reports suggest that the school lacked a storage facility for foodgrain which led to contamination and...