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India shakes up WTO -Latha Jishnu

-Down to Earth The fracas over India's refusal to meet the deadline on trade facilitation exposes rich nations' double standards NOTHING HAS exposed the double standards at the World Trade Organisation (WTO) than the current uproar over the implementation of two agreements at the global trade policing organisation. One, termed Public Stockholding for Food Security Purposes, protects the food security concerns of millions of the poor and the livelihood of millions of...

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CAG seeks RTI powers to access govt records -Pradeep Thakur

-The Times of India NEW DELHI: The Comptroller and Auditor General (CAG) wants the Narendra Modi government to give it Right to Information (RTI) powers as it has been facing problems in obtaining details relevant to its audits of government finances and decision making. CAG Shashi Kant Sharma has written a letter to finance minister Arun Jaitley demanding that the national auditor should be given RTI powers to access information and a...

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NREGA spiked rural wages only 10%, rest is from MSPs: Rajan

-PTI Reserve Bank Governor Raghuram Rajan has dismissed the notion that the rural employment guarantee programme is behind the massive spurt in wages in rural areas. "On the NREGA (National Rural Employment Guarantee Act), there is clearly a lot of sense that this has increased rural wages tremendously. I would argue that clean, trustworthy studies say that the effect was may be 10 per cent," Rajan told an audience here last week. It...

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A welcome end

-The Business Standard What must replace the Planning Commission An announcement of note in Prime Minister Narendra Modi's Independence Day speech from the ramparts of Red Fort was the much-anticipated end of the Planning Commission. A full 23 years after India ushered in reforms that reduced emphasis on central planning, the crucially important organisation of the statist era will finally be dismantled. Both as signalling and as policy, this needs to be...

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Neediest gain least from health care drive -GS Mudur

-The Telegraph New Delhi: India's poorest and socially underprivileged people seem to have benefited the least from a set of government programmes launched over the past decade to reduce personal expenses on health care, research suggests. A team of health economists has found that the financial burden of health care on India's poorest 20 per cent, Scheduled Castes, Scheduled Tribes and Muslims has outpaced that on the richest 20 per cent and...

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