-The Hindu One of the first principles that students of auditing are taught is that auditors are watchdogs and not bloodhounds. The Manmohan Singh government would have us believe, in the wake of the Comptroller and Auditor General of India’s reports first in the 2G case and now in the coal mining issue, that this basic principle is being violated by the incumbent CAG. Why should the CAG comment on the...
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A middle path to nowhere-G Omkarnath
MANMOHAN SINGH AND ECONOMICS Sanjaya Baru’s article "The economist as saviour", an account of Prime Minister Manmohan Singh’s economics could have juxtaposed specific issues of economic policy with Dr. Singh’s stance on them. Sanjaya Baru’s article “The economist as saviour” (editorial page, The Hindu, July 4, 2012), an account of Prime Minister Manmohan Singh’s economics could have juxtaposed specific issues of economic policy with Dr. Singh’s stance on them. What we...
More »Shackled by timidity-Yoginder K Alagh
-The Indian Express Time to take the bolder steps, bring FDI to small towns When the GDP falls below 7 per cent, we need to start worrying. When it is less than 6 per cent, we must treat it as a crisis situation. Growth models show that the robust investment rates already achieved, and twice the productivity growth achieved in the 1980s and ’90s, will get us 8 per cent growth. This...
More »Rapid GDP growth dents poverty but reduction is feasible-Raghav Gaiha and Vani S Kulkarni
If proof is needed of a policy paralysis, a recent official admission that poverty cannot be eradicated by 2020 cannot be dismissed out of hand. That this follows the Planning Commission's estimate of a rapid decline in poverty over the period 2004-05 and 2009-10 is not just intriguing but arguably schizophrenic. The former is utterly pessimistic while the latter is optimistic notwithstanding dubious price adjustments designed to deliver a favourable...
More »We need a new anti-Maoist strategy
-Live Mint Rural development minister Jairam Ramesh is advocating a new approach to fighting the Maoist insurgency that has gripped 78 districts so far. Apart from development and security, the approach involves politics and justice, he said. In an interview, Ramesh warned that in the rush to attain high growth rates, India was placing the interests of tribals below that of mining firms. The minister suggested the setting up of a...
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