Reforms in the supply-chain system can help India tackle the demand-supply mismatch in essential food items Food inflation may have dropped to single digit but since that fall is set against last year’s elevated double-digit base, it continues to hurt the poor — 65 per cent of their disposable income goes towards food. The government often defends its failure to tame inflation by arguing that it has no magic wand to...
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Auditor's explosive report on CWG: Highlights
-NDTV The report of the government's auditor - the Comptroller and Auditor General - has been tabled in Parliament. Among those it faults for mismanagement are Delhi Chief Minister Sheila Dikshit and the Lieutenant Governor Tejinder Khanna. These are the highlights of the 800-page report: * There are 33 audited entities; 33 chapters, 743 pages * The unique challenge of monitoring activities of multiple agencies should have been met...
More »Govt probing assets, payments of Indians received abroad: FM
-PTI Details of assets and payments received by Indian citizens in several countries have "started flowing in" and are being investigated, Finance MinisterPranab Mukherjee disclosed on Saturday. Information about wealth stashed away in Swiss banks by Indians is expected by the government before the end of the year, he indicated after pointing out that India had signed a Double TaxationAvoidance Treaty withSwitzerland. The treaty is likely to be ratified by the Swiss...
More »Barring soybean, area under major oilseeds declines by Dilip Kumar Jha
Despite a recovery, acreage of groundnut, sunflower and castorseed recorded a sharp decline this year due to low rainfall in major producing areas during the peak sowing season. The three major kharif oilseeds are sown for a month starting June 15 and harvested between October and December. Data collated by the ministry of agriculture showed the area under groundnut declined 28.37 per cent as on July 21. The sowing area under...
More »Construction works destroy amission, bleed health funds by Pravin Kumar & Shailvee Sharda
The flexipool of National Rural Health Mission (NRHM) funds has been the juiciest target for fund plunderers. The head under which huge budget was earmarked for activities like construction and strengthening of healthcare facilities, provided ample scope for pilferage. The pattern of spending on infrastructure building and maintenance proves how extravagant UP has been on this count. Every single year, since the inception of the NRHM in 2005-06, the state...
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