-The Times of India NEW DELHI: In a report on Union government accounts tabled in Parliament last week, the comptroller and auditor general (CAG) has raised serious questions on the government's claim of its expenditure, saying the "integrity of the data provided to audit on Plan expenditure was doubtful". There is huge variation in Plan expenditure as per data maintained by different wings of the government. According to the finance accounts, the...
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Government seeks to woo Nitish with new backward state measure
-The Times of India NEW DELHI: An expert committee under chief economic advisor Raghuram Rajan has identified 10 parameters for a new Composite Development Index, whose adoption by the Centre will change the way thousands of crores are transferred annually and can potentially set the stage for realignment of political forces in Bihar before the 2014 polls. The new index seeks to rate states on the basis of their distance from the...
More »Centre for extending MDM to backward dists -Akshaya Mukul
-The Times of India NEW DELHI: Government's failure to run the Mid-Day Meal (MDM) scheme smoothly in the government schools has not stopped it from proposing to extend the programme to cover 25% children of private schools in SC, ST and minority-concentrated districts. Initially, the idea was criticized within the HRD ministry and now both the finance ministry and the Planning Commission have put a spanner in the proposal. Sources in the...
More »Creating durable assets through rural employment: Rubber Board ties up with MGNREGA
-The Economic Times The state-run Rubber Board is turning to the rural employment guarantee programme to increase India's natural rubber output from the present 9 million tonne a year. With rising global demand for rubber, the board is keen to extend the area under cultivation. It has identified 400,000 hectare in the North East, 100,000 hectare in Odisha and 50,000 hectare each in Andhra Pradesh, Jharkhand and Chhattisgarh as areas with potential...
More »Let’s talk about the growth strategy, stupid -Jayati Ghosh
-Tehelka.com The Sen-Bhagwati ‘debate' on economic policy is focussing on the wrong issues Several things are quite remarkable about the recent debate between Professor Amartya Sen and Professor Jagdish Bhagwati. The first surprise is that such a debate could become a major news item at all, making headlines and filling screen time on news channels, when it is about economic strategies that are normally discussed only in relatively small academic and policy...
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