-The Economic Times Prime Minister Manmohan Singh has taken charge of the UPA's initiatives to directly transfer welfare benefits and subsidies into individual beneficiaries' bank accounts - a system that would plug the rampant leakages of funds earmarked for the poor via schemes such as NREGA on which the government spends over 3,00,000 crore annually. A new ministerial co-ordination committee under the PM would now fast-track the architecture for cash transfers while...
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Absence of proper mechanism may hit gas cylinder delivery, say distributors -Richa Mishra
-The Hindu Business Line Threaten to stop deliveries if system not in place by month-end The Government may have to take some quick decisions if it wants smooth delivery of domestic LPG cylinders. The All India LPG Distributors’ Federation today said that if the Government and the oil marketing companies fail to come up with a proper enforcement mechanism by the month-end, then effective October 1, the distributors would be left with no...
More »Seven-and-half years from an opaque to a transparent process for coal allocation
-The Hindu The Comptroller and Auditor-General’s report on the allocation of coal blocks, reviews how it took seven-and-half years to move the allocation procedure for captive coal blocks from a discretionary procedure to competitive bidding that was demonstrably transparent. It turns out that the process began within six weeks of UPA-I coming to power in 2004. Ironically, the amendment to the Mines and Minerals (Development and Regulation) (MMDR) Act rules for auction...
More »High Court issues notices to Centre on PIL against petrol price hike
-MoneyLife.in Citing lack of uniformity in the prices of petrol, the petitioner said that in Thane, the price per litre is Rs81.70, while it is as low as Rs58.06 in Port Blair, Rs81.75 per litre in Bengaluru and Rs73.18 in Delhi The Bombay High Court on Monday issued notices to Centre, Ministry of Petroleum and Natural Gas and Finance Secretary, besides three oil marketing companies on a public interest litigation (PIL), which...
More »Despite falling cost of solar power generation, it will survive on subsidies
-The Economic Times The April 28, 2012, issue of The Economist has a story on India's solar power and mentions Charanka village in Patan district, Gujarat. Solar energy can be converted into electricity, using photovoltaics, or can be converted into heat. (There are other technologies too, but those aren't important yet.) So far, solar thermal, or heating, in India has essentially meant solar cookers and water heaters, though it needn't stay that...
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