-The World Bank A World Bank study shows creating productive assets can help make MGNREGS cost effective New Delhi– The Indian economy has turned the corner, says the latest India Development Update of the World Bank. Aided by a supportive external environment, in particular the sharp decline in oil and commodity prices, the Indian economy has taken strong strides towards higher growth and enhanced stability. Growth has accelerated, inflation has declined, the...
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Inflation down, but pinch is back as two indices tell different tales -Zia Haq
-Hindustan Times Sharmilla Dar, a government schoolteacher in east Delhi, is irritated about a sudden surge in vegetable prices in the last week after they had cooled considerably since a year ago. "Why can't the government keep things affordable?" she asks. For middle-class consumers, food inflation worries are creeping back in. The farm sector is hurting badly after a full year of unprecedented weather havocs - from a partial drought last summer...
More »Audit of social sector schemes a must: CAG
-The Times of India NEW DELHI: Comptroller and Auditor General Shashi Kant Sharma on Tuesday emphasized on the need for mandatory social audit of social sector schemes as they lacked transparency and accountability. Speaking at a conference on social audit here, the CAG said expenditure of central and state governments that directly impacts socio-economic development was estimated to be Rs 17 lakh crore in 2013-2014. "This implies that an average of Rs 2,656...
More »Espionage swivels glare on secrecy-loving babus
-PTI New Delhi: A "callous approach" and a tendency to "unnecessarily" label documents as "secret or classified" is at the root of espionage scandals of the kind that surfaced last week, former bureaucrats have said and sought greater disclosure instead. "There have been government instructions on dealing with sensitive and classified information. There are standard operating procedures, too. In this incident, it seems someone at some level has been callous," former cabinet...
More »Food insecurity -TK Rajalakshmi
-Frontline A critique of the report of the high-level committee on restructuring the FCI and reviewing its role by TK Rajalakshmi SOON after assuming power at the Centre, Narendra Modi's National Democratic Alliance government set up a high-level committee on re-structuring the Food Corporation of India that was mandated to make the food management system more efficient. It was headed by Shanta Kumar, former Union Minister for Rural Development and former Chief...
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