-IANS The service records of Comptroller and Auditor General (CAG) Vinod Rai "are not traceable", the Department of Personnel and Training (DoPT) has revealed in response to a Right to Information (RTI) application. Lucknow activist Arvind Shukla had filed the RTI application last month, seeking details about the most powerful accountant of the country, who has gained renown as a vigilant anti-corruption watchdog and who is once again in the spotlight after...
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Government ready to take up bill to amend Coal Mine Nationalisation Act: Coal Minister Sri Prakash Jaiswal-Rohini Singh & Soma Banerjee
-The Economic Times The government is ready to give up its monopoly over coal mining to meet the requirements of the economy, if BJP supports a long-pending legislation to amend the Coal Mine Nationalisation Act (CMNA). "We are ready to take up the bill and open up the coal sector to increase production. This is the only way forward and there is a consensus within the government on this. Once BJP comes...
More »Reforms, competition in distribution and end to coal monopoly only antidotes to power failures-Arvind Panagariya
-The Economic Times The power failure in India on July 30-31 was big news in US media. When the radio and TV stations began calling with the question whether this spelt the end to India's claims to global-power status, my first reaction was to remind them that a similar failure of the grid in 2003 had drowned the entire Northeast and Midwest in the US and Ontario in Canada into darkness. But,...
More »Throwing in the Towel
-Economic and Political Weekly The anti-corruption movement’s antics have weakened other movements for accountability. The recent fast-unto-death by members of “Team Anna” (a self-proclaimed name which has always sounded pompous even if loved by a media looking for a catchy title) thankfully ended without any calamity on the advice of a group of “eminent” citizens and with a promise to carry on the “movement” in the political sphere. Many commentators have, rightly,...
More »Go beyond CAG: Shout less about notional losses, do more on genuine coal sector reform
-The Times of India Expectedly, CAG's reports on coal, power and Delhi airport have raised a storm. Yes, one takeaway is the need for transparency in resource disbursal and use, be it minerals or land. But if CAG - whose job is to keep accounts - habitually hypothesises about presumptive revenue loss owing ostensibly to absence of this or that policy in the past, where will it end? Its coal audit...
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