The proposed regulations aim to create a new countrywide infrastructure for trading of commodity-based securities in the form of electronic receipts as with equity shares on exchanges A committee under the Warehousing Development and Regulatory Authority (WDRA) has recommended regulatory changes that can effectively control prices of food items, improve lives of farmers and change the warehousing landscape in India. The proposed regulations, drafted in consultation with the capital market regulator, the...

-The Business Standard   Asking questions does not amount to passing judgements Just as correlation does not establish causation, asking questions does not amount to passing judgements. The Comptroller and Auditor General of India (CAG) is an important constitutional office that has a role to play in improving governance. However, going beyond one’s brief can always harm an institution in the long run and be counterproductive. An auditor’s dharma is to see if...

The centre of the Commonwealth Games (CWG) scam has shifted from Suresh Kalmadi to Sheila Dikshit, the high-profile Delhi Chief Minister who brought the Congress electoral victory three times consecutively in the capital. And it’s not only because the BJP is demanding her head in return for offering BS Yeddyurappa’s in Karnataka. Two reports on the conduct (or misconduct) of the Commonwealth Games — one by VK Shunglu and another by the...

The bidirectional relationship between economic development and health justifies greater investment in the health sector. The National Rural Health Mission (NRHM) has been described as one of the largest and most ambitious programmes to revive health care in the world and has many achievements to its credit. It seeks to provide universal access to health care, which is affordable, equitable, and of good quality. It has increased health finance, improved infrastructure...

Central information commissioner Shailesh Gandhi has put forth a compelling argument for placing public-private partnerships (PPPs) under the ambit of the Right to information (RTI) Act in an order passed earlier this week. Though the order pertains to a specific case in Delhi, it will have far reaching implications for the rest of the country. The Central Information Commission (CIC) recognizes PPPs as public bodies that must provide information under the...