The Comptroller & Auditor General (CAG) of India, Vinod Rai, on Sunday said that the audit mandate should be expanded to bring all public expenditure within its purview.   “There is a need for amending the audit mandate of the CAG to bring all public expenditure, including projects under Public-Private Partnership (PPP) mode, within the purview of public audit,” Rai said. The statement comes days after Rai said that the credibility of the...

-The Hindu   Stating that Chief Minister Mamata Banerjee's stand on the Maoist situation in the State reeked of “opportunism, duplicity, indecisiveness and vagueness,” Leader of the Opposition in the West Bengal Assembly Surya Kanta Mishra said here on Saturday that in the last four months she had done irreparable damage to the situation. Addressing a public rally at Jhargram during the day, Ms. Banerjee said that she had fulfilled her promise of...

-The Times of India   Founder member of the National Campaign for People's Right to Information (NCPRI) Aruna Roy on Saturday condemned the statement of Prime Minister Manmohan Singh that the Right To Information Act was adversely affecting deliberations in the government and deterring honest officials from expressing their views on file. Roy was speaking at a seminar on 'Strengthening participatory democracy: Role of RTI' at the International Centre Goa, Dona Paula. "The Prime...

-The Telegraph   Prime Minister Manmohan Singh today called for a re-look at the Right to Information Act to ensure it is used only in the public interest. At the same time, he ruled out any dilution of the law and said “empowering our citizens” with RTI was a “huge step forward” towards “curbing corruption and improving the process of governance”. Singh promised to build on “these achievements” by bringing legislation to protect...

There is a China hand in India's inflation, one important reason why the steady rise in interest rates may not be cooling the high inflation. About 25% of imported inputs that go into manufacture of goods produced locally are imported from China. In addition, a third of consumer goods imported into India come from China. The inflation in goods exported by China was 10% in July, much higher than its overall...