The finance ministry has put its seal of approval on a proposal to directly transfer subsidies to the bank account of a beneficiary that is linked to her Aadhaar, or unique identification (UID) number. The government has previously articulated its desire to experiment with direct transfers to make its management of subsidies more efficient and ensure benefits actually reach the targeted people. In a notification issued on Tuesday, the finance ministry extended...
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Auditor raps govt role in KG
-The Telegraph The Comptroller and Auditor General (CAG) has slammed the petroleum ministry for failing to take back 25 per cent of the acreage of the KG-D6 oil and gas block off the Andhra coast from Reliance Industries after it reneged on its drilling obligations. The long-awaited report from the CAG based on a detailed performance audit of the country’s hydrocarbon production sharing contracts was tabled in Parliament today. The nation’s auditor surprisingly...
More »I'd rather not be Anna by Arundhati Roy
While his means maybe Gandhian, his demands are certainly not. If what we're watching on TV is indeed a revolution, then it has to be one of the more embarrassing and unintelligible ones of recent times. For now, whatever questions you may have about the Jan Lokpal Bill, here are the answers you're likely to get: tick the box — (a) Vande Mataram (b) Bharat Mata ki Jai (c) India is...
More »EGoM nod to cash subsidy for kerosene
-The Economic Times An empowered group of ministers has in-principle agreed to give direct cash subsidy to the poor for kerosene, as recommended by a task force headed by Nandan Nilekani, but it will launch the scheme only after consulting the state governments. "We cannot finalise any programme on kerosene unless we discuss (it) with the state governments," oil minister Jaipal Reddy said. The EGoM on fuel, headed by finance minister Pranab...
More »Now, The Oil Stain by Lola Nayar
By exposing its lesser arm, is the petromin hiding bigger sins? Petro Fallout * Murli Deora, who as petroleum minister sought the CAG audit and sanctioned a CVC probe, offers to quit his ministerial post * CBI action reinforces CAG draft report findings blaming DGH for oversight in implementation of production-sharing contracts * Unease in market, as yet another CBI probe into charges of DGH having favoured RIL in its...
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