The Union Ministry for Rural Development has set up a committee to consider afresh the suggestions made by the Comptroller and Auditor General of India (CAG) to strengthen the process of social auditing of expenditure under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) and check corrupt practices. “Old game” Civil society leaders charge that the Ministry and the bureaucracy are at their old game of endlessly delaying the process by...

Comptroller and Auditor General (CAG) has asked the Centre to make an institutionalised audit system for job guarantee scheme with a key role for it. CAG said MGNREGA accounts should be audited in every district annually by Local Fund Audit or chartered accountants appointed by state governments, and they should be empowered to give orders on how to audit. CAG has demanded the right to audit MGNREGA accounts at the frequency...

Regulation in India's microfinance sector aims to address feckless borrowing and reckless lending – but will the new restrictions entrench poverty, rather than end it? One of the many crushing burdens for India's poor bear is debt; unable to make ends meet, they turn to traditional moneylenders. They are willing to extend credit, but at unconscionably high rates – sometimes exceeding 80%, and keeping borrowers in lifelong penury. Popular cinema and...

The Census Commissioner has done well to put a deadline of two years to process all Census data, and that’s with the detailed tables tabulated on the basis of the full sample—while the detailed tables were based on a small sample before 2001, the decision to use the full sample caused a delay the last time around, and users had to wait till the second half of the decade to...

The late Rajiv Gandhi famously, or infamously, once claimed that only 15 per cent of the funds allocated to welfare programmes ever reached the intended beneficiaries. The rest leaked enroute, entering the pockets of an assortment of intermediaries. This is a thought that the Union finance minister must always remember, especially when he sits down to allocate funds for an assortment of subsidies and some of the high-profile spending programme...