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Growth falters as UPA completes 4-years in office -Surojit Gupta

-The Times of India NEW DELHI: The second tenure of the UPA coalition has witnessed a sharp slowdown in growth, stubborn prices, high interest rates and faltering business confidence. While there are some tentative signs of a revival on the horizon, the Indian economy is still not out of the woods and experts say sustained policy and governance reforms are needed to lift Asia's third-largest economy back to its potential growth rate...

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Government auditor's (CAG) report says funds bungled in flagship rural employment scheme-Shamik Ghosh

-NDTV Employment under the Mahatma Gandhi National Rural Employment Guarantee Act or MNREGA has declined, while Rs. 128 crore have been misused and work worth a staggering Rs. 4000 crore is incomplete, the government's auditor has alleged in its review of the rural job scheme that the Congress-led UPA government counts as one of its most significant achievements in the last nine years of rule at the Centre. In its report...

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Ground rules

-The Indian Express The proposed land bill will make transactions fairer and encourage optimal use of the resource In this session, Parliament will take up the necessary and long-delayed Land Acquisition, Resettlement and Rehabilitation Bill. Both major parties have worked out a consensus on the features of the bill. As with any compromise between different interest groups, the bill does not please everyone perfectly, but it finally sets down reasonable terms for...

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No meeting ground -TK Rajalakshmi

-Frontline The Land Acquisition Bill runs into a roadblock as political parties fail to reach an agreement on the substantive features of the draft Bill or on the amendments proposed. The efforts of the United Progressive Alliance government to broker a consensus on the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Bill, 2012, which has been pending for over a year, have not paid off not because...

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Delhi govt favoured private discoms: CAG

-The Indian Express Report finds govt did not recover dues of Rs 750 cr from distributors. At a time when the opposition BJP plans to intensify protests against power tariff in Delhi, the Comptroller and Auditor General (CAG) of India's report for the 2011-12 fiscal has slammed the Delhi government for not recovering dues to the tune of Rs 750 crore from private distribution companies. The report, tabled on Tuesday in the Delhi...

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