-The New Indian Express Meanwhile, data released by the department of economic affairs in the Finance Ministry showed interest paid on debt has increased to Rs 8.05 lakh crore in FY22 from Rs 6.80 lakh crore in FY21. NEW DELHI: The Comptroller and Auditor General (CAG) of India have raised concern over increasing Central government debt as several indicators gauging the sustainability of debt have turned unfavourable since 2015-16. The CAG in...
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Supreme Court calls for balance between economy and welfare measures
-PTI/ The Telegraph The idea to de-recognise political parties for making promises to give irrational freebies during the polls undemocratic, says Chief Justice Ramana Observing that freebies and social welfare schemes are two different things, the Supreme Court on Thursday said a balance has to be struck between the economy losing money and welfare measures. It also ruled out the possibility of considering a plea for de-recognising parties for making promises to give...
More »Audit lays bare numerous breach of India’s coastal regulations -GS Mudur
-The Telegraph Jail and racetrack on beach bully list New Delhi: An audit has identified dozens of public and private projects that have breached India’s coastal regulations — beach resorts, ports, roads, a racetrack, and even a jail near an Olive Ridley turtle nesting site. The exercise by the Comptroller and Auditor General (CAG) has flagged deficiencies in the Union environment ministry’s project approval mechanisms and lapses by state coastal regulatory authorities that...
More »Why India doesn’t need palm oil but its greener alternatives -Bhavani RV and RS Vaidyanathan
-Down to Earth blog Palm oil is water-intensive and requires large patches of land India is the second-largest consumer of edible oil globally and its largest importer. While the government has taken several initiatives over the years to increase the domestic production of edible oils, its shortage and high price are often in the news. Palm oil production grew between 2015-2016 and 2020-2021 at a compound annual growth rate of 6.1 per cent,...
More »Graft claims in MGNREGA squeezing poor workers, millions unpaid for months -Himanshu Nitnaware
-Down to Earth Zero funds to Bengal, Lakshadweep this year, Centre admits in Parliament; activists ask to use pre-existing mechanisms to handle graft Millions of workers employed under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) have not received wages for months. Workers from West Bengal are especially affected, with 13.2 million people unpaid for seven months.&NBSp; Bengal is the only state that received no funds under the 100-day work scheme in...
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