-The Economist Government borrowing generates inflation, widens the external deficit and crowds out much-needed investment. Can India now overcome its debt addiction? INDIA has grappled with its public finances for long enough. When presenting its first budget after independence in 1947, the finance minister of the day insisted that the country was not living beyond its means. Yet every budget since has failed to produce a surplus. India borrows more heavily...

-The Hindu ‘Wilful negligence’ by public servants should be defined better in 24-year-old law Dedicated fast track courts to try offences under the Scheduled Castes and Scheduled Tribes (Prevention of Atrocities) Act should be set up, the Sonia Gandhi-led National Advisory Council recommended on Tuesday, even as it suggested that “wilful negligence” by public servants be better defined in the 24-year-old law. The NAC would like the Rules to the Act amended to...

-The Telegraph Chennai: If the way into voters’ hearts is through their stomachs, Jayalalithaa appears to have come up with the right recipe. A chain of low-cost canteens, opened recently in Chennai as a “brainchild” of the Tamil Nadu chief minister, has whetted appetites at a time of rising food prices. Idlis at Re 1 each, sambar-rice at Rs 5 and curd-rice at Rs 3 — the Chennai Municipal Corporation-run canteens that offer...

-The Economic Times The Direct Benefits Transfer (DBT) scheme commenced with the initial rollout in 20 districts covering seven scholarship schemes. Another 23 districts will be covered by March this year. The intention is to link all government benefits to Aadhaar-based identification of beneficiaries and to channelise the cash benefits through Aadhaar-enabled bank accounts. Irrespective of the merits of translating some benefits delivered in kind like in PDS into their cash-equivalent, for...

-The Hindu Instead of the present opaque system, a high-level, broad-based Committee should be formed to choose the country’s “most important” constitutional functionary In May this year, the present Comptroller and Auditor-General will retire on completing 65 years of age. Given the Government of India’s exasperation with him, it seems very probable that for the next CAG, it will look for someone who is likely to be bland and ignorable, and quite...