-The Telegraph   The Comptroller and Auditor General has found gross deficiencies by the food and supplies department when the Left was in power in Bengal. The CAG report for 2009-2010 says the state food and supplies department could not claim central subsidy worth Rs 133.66 crore as it failed to furnish annual accounts of the public distribution system for the period 2005-2010. The report also says the finance department, through which the Centre...

Mahesh Kundu paid 2,500 rupees for a driving licence, Rupam Bhatia 5,000 rupees to be admitted to hospital and Vishrant Chandra 6,000 rupees for a marriage certificate. These are the commonplace bribery stories experienced by middle-class Indians who have poured into the streets to say "enough is enough". Corruption in India is as old as the Ramayana, when the evil demon Ravana bribed a guardian of hell to avoid punishment in...

The proposed regulations aim to create a new countrywide infrastructure for trading of commodity-based securities in the form of electronic receipts as with equity shares on exchanges A committee under the Warehousing Development and Regulatory Authority (WDRA) has recommended regulatory changes that can effectively control prices of food items, improve lives of farmers and change the warehousing landscape in India. The proposed regulations, drafted in consultation with the capital market regulator, the...

-The Business Standard   Much depends on a strong implementation framework but the imposition of a cap by the Planning Commission could lead to arbitrary exclusions. Himanshu Assistant Professor of Economics, School of Social Sciences, Jawaharlal Nehru University The methodology, which is based on the framework suggested by the Saxena Committee, uses indicators that have been refined using a large-scale pilot survey There are over 400 million poor (the number varies depending on which estimate you...

The Land Acquisition Bill is a key issue before Parliament this monsoon session. A look at history would be useful. The concern with the extent and spread of agricultural land is not new. But the way in which it is being addressed certainly is. Much of the criticism of the Land Acquisition Bill has been about the provisions to safeguard irrigated, double cropped land. It is true these provisions will be...