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'Coalgate': Govt releases bits of CAG letter to deny TOI report

-The Times of India The government on Thursday sought to play down this paper's report of March 22 which stated that the Comptroller and Auditor General had estimated in its 110-page draft report that the coal ministry's decision to award 155 coal acreages without competitive bidding had led to "undue benefits" of Rs 10.67 lakh crore to private and public firms. With the report creating a storm in Parliament, leading to adjournment...

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Bedrock for reform

-The Business Standard Agri Survey diagnoses the key problems correctly The first-ever Agricultural Survey tabled in Parliament, emulating the presentation of the Economic Survey, seems a well-meaning exercise in candid analysis of the factors that have constrained the sector’s growth. Being an inaugural report card, it has done well not to confine itself to developments during 2011-12. The long-term trends do, indeed, provide the answers to some of the key questions...

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‘Inequality has gone up, notwithstanding dip in poverty'-K Balchand

Montek Singh says he is willing to revise poverty estimates on the basis of expert opinion Though the incidence of poverty has come down over five years from 2004-05 to 2009-10, it is a startling fact that inequality has increased, with fewer people controlling income. Union Planning Commission Deputy Chairman Montek Singh Ahluwalia admitted on Tuesday that income distribution was not at the desired level and inequality increased in both rural and...

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Save the Children from Hunger & Malnutrition

At a time when economic wisdom is seen as lying in allowing unrestrained play of economic power and cutting social sector spending, here is a report emphasising the economic sense in addressing hunger, especially child malnutrition. It also brings out the positive impact of employment guarantee scheme, which has been a thrust area of the UPA government but has seen a cut in allocation in Budget proposals for 2012-13. The report...

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'Maoists irked by Italians taking objectionable pictures of tribals'-Sandeep Mishra & Vishwa Mohan

In the first instance of Maoists targeting foreigners, two Italian tourists were abducted in the forests bordering Orissa's Kandhamal-Ganjam districts. The kidnapping came to light late on Saturday night after the Maoists released two men abducted along with the Italians, Bosusco Paolo and Claudio Colangelo.  The Maoists claim the four were kidnapped on March 14. This came to light only after the release of Sontosh Moharana and Kartik Parida with audio...

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