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Gas-guzzling government talks austerity, burns crores -Sidhartha & Surojit Gupta

-The Times of India NEW DELHI: While ministers toy with all kinds of ideas to curb consumption of oil, including bizarre ones such as shutting down petrol pumps at night, it might help if they looked inwards. For, the biggest and most profligate oil consumer in the country is the government itself. Petrol flows like water in the government. Not just ministers and officials of the central and state governments, even PSUs...

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Correct costs of the Food Security Bill-Bharat Ramaswami, Milind Murugkar and Ashok Kotwal

-The Financial Express Food Security Bill will raise the subsidy burden by 18%. The debate should be about the rise in costs of households due to leakages in PDS and price hike of other nutritious food items, and how these costs can be minimised by DBT In a recent article, Surjit Bhalla ("Manmonia's FSB: 3% of GDP", July 6, Financial Express-http://goo.gl/qoIbd3) has asserted that the Food Security Bill will cost 3% of...

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Decoding the food security legislation-Sanjeeb Mukherjee

-The Business Standard Less painful now, but future uncertain The United Progressive Alliance's (UPA) ambitious National Food Security Bill might soon become reality. After getting approval from the Lok Sabha, the Bill is headed for the Upper House of Parliament for approval. The big debate is on the financial implications as and when all states start implementing the scheme. Also, how the estimated 20-30 per cent leakage in public distribution system (PDS) will...

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Fee hike: HC panel backs inspection in 13 schools to verify financial records

-The Indian Express New Delhi: The Delhi High Court-appointed committee to look into the issue of school fee hike has submitted an interim report recommending a special inspection by the Director of Education in 13 private schools in the city, which had not submitted proper records of their finances to the education department. The committee also recommended refund of fee by 47 private schools. It has previously recommended refund by over 120...

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Planning Commission to approach Cabinet with mechanism for PPP disputes

-PTI NEW DELHI: The Planning Commission will approach the Cabinet next month with a draft bill for an institutional mechanism to speedily resolve issues related to public contracts and a separate note on the progress of PPP projects with remedies to solve problems faced by them. "The Planning Commission is in the final stages of drafting a bill for setting up an institutional mechanism to address issues hampering Public Private Projects (PPP)...

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