-The Times of India Every few days, Rajkumar Sharma, manager of a group housing society in Noida, makes the mandatory trip to the nearby petrol pump to pick up his quota of diesel. A few days back, even as he was on his 'diesel duty' as he calls it, he was making some quick back-of-the-envelope calculations. "Our average monthly consumption is around 400 litres which means a monthly expenditure of around...

-Tehelka Edited Excerpts From An Interview NOTED ECONOMIST and Columbia University Professor Jagdish Bhagwati’s pro-free trade stance is well-known. A friend of the prime minister and his batch mate from Cambridge University, Professor Bhagwati feels the UPA’s departure from the stagnation of the past few years is a welcome change, and lauds the decision to allow FDI in multi-brand retail. In an interview to TEHELKA Business Editor Shaili Chopra, Bhagwati says more...

-The Indian Express The Planning Commission has criticised the Railways for failing to attract private sector participation in its multi-crore infrastructure projects and has called for overhauling its management to allow “relevant experts” to be part of its Decision Making process. In its comments to a recent Cabinet note moved by the Railways to promote participatory models for rail connectivity and capacity augmentation, the commission argued that for the past two years...

-DNA Prominent RTI activists on Tuesday said violence on users, court stay on prominent decisions of the information commission, rulings that limit the scope of RTI and threats from the government through legislations were major challenges facing the Act. Aruna Roy, member of National Advisory Council (NAC), Shailesh Gandhi, former central information commissioner, Nikhil Dey, member of National Council for People’s Right to Information (NCPRI), Shankar Singh, member of Mazdoor Kisan Shakti...

The total expenditure on central schemes for the poor and on the major subsidies exceeds the states' share of central taxes. These schemes are chronic bad performers due to a culture of immunity in public administration and weakened local governments. Arguing that the poor should be trusted to use these resources better than the state, a radical redirection with substantial direct transfers to individuals and complementary decentralisation to local governments...