The government is planning a complete overhaul of the way the power sector is financed and subsidies are delivered, attempting to address a funding shortfall delaying the construction of electricity projects and worsening a chronic power deficit that threatens to sap growth in India’s energy-hungry economy.This exercise is based on a report submitted by a panel headed by Montek Singh Ahluwalia, deputy chairman of the Planning Commission, to the power...

This is the first time that the Planning Commission has sought engagement of the civil society NGOs have given suggestions for previous Five Year PlansConsultations on various topics plannedThe Planning Commission is involving leading non-governmental organisations and civic society, seeking their inputs, suggestions and experiences, for preparing its approach paper for the 12 {+t} {+h} Five Year Plan (2012-17), which will be the base document for the Plan itself.Though NGOs had...

The Radia tapes reveal the networks and routers, the source codes and malware that bind the corporate and political establishments in India. As squeamish schoolchildren know only too well, dissection is a messy business. Some instinctively turn away, others become nauseous or scared. Not everyone can stomach first hand the inner workings of an organic system. Ten days ago, a scalpel — in the form of a set of 104 intercepted...

The village bureaucrat shifted from foot to foot, hands clasped behind his back, beads of sweat forming on his balding head. The eyes of hundreds of wiry village laborers, clad in dusty lungis, were fixed upon him. A group of auditors, themselves villagers, read their findings. A signature had been forged for the delivery of soil to rehabilitate farmland. The soil had never arrived, and about $4,000 was missing. The...

Business was derailed in Parliament for the tenth day on Thursday as Opposition and the Treasury benches vociferously raised matters of corruption leading to adjournment of both the Houses, causing the public exchequer well over Rs 60 crore in the winter session till now. Amid pandemonium, both Lok Sabha and Rajya Sabha on Thursday were adjourned for an hour barely a minute after they met and later adjourned for the...