-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...

-The Hindustan Times Publicly funded NGOs, some of them working in key sectors, such as health and rural development, have squandered hundreds of crores of rupees, a report released by a voluntary organisation said. In its  report ‘India’s Funds to NGOs Squandered’, Asian Centre for Human Rights (ACHR) said government funding of voluntary organisations was in dire need of reform as the audit by the CAG of India was infrequent, inadequate and...

-The Telegraph A rights organisation today accused the Centre and state governments of giving huge, unaccounted grants to NGOs including blacklisted ones, often against a bribe. The Asian Centre for Human Rights said it was basing its claims on replies to a series of RTI applications it had filed in 2010. Releasing the report, “India’s Funds to NGOs Squandered”, the rights body’s director, Suhas Chakma, made these claims at a news conference...

-The Telegraph The Prime Minister’s Office is playing referee in the tussle between the environment ministry and the National Highway Authority of India over clearance for road projects. In a meeting of stakeholders held in the PMO today, the environment ministry agreed to relax norms for project clearance and issue fresh guidelines that would simultaneously address green concerns and not stall road development. The NHAI has also given an understanding that if clearance...