The Economic Survey tucks away a little, dirty secret of India’s political economy in a box on power sector reform. The losses of state electricity boards, says the Survey, are now about 1% of GDP, which would translate to about Rs 78,700 crore this year. The government stopped publishing a table on this vital parameter a couple of years ago but the problem has only continued to grow in shade...

The GoM to determine the norms for coalmine clearance in reserve forests, largely in tribal areas, and the parallel exercise to give back forest lands to tribals is not about the environment, but about forest policy. The divergence of interests between national use of forests, ecological balance and needs of local people should be recognised. However, the tribal affairs ministry is responsible for the Forest Rights Act and the coal...

Policy reforms required to bring about better convergence of schemes Streamlining of environment clearance for infrastructure projects suggested Higher farm sector share in economic development needed The Economic Survey 2010-11 has advised the government to carry out nearly a dozen reforms pertaining to various sectors of the economy and stressed that action in this regard would be necessary to achieve the 9 per cent GDP (gross domestic product) expansion projected for 2011-12 and...

How transparent and participatory is Pranab Babu’s budget For six months it evolves under a veil of secrecy. The Cabinet gets to see it just a few hours before it is tabled in the Lok Sabha. Such is the covert nature of the Union budget that accounts for about 50 per cent of all budgets in the country. Finance Minister Pranab Mukherjee wants to make the budget what such a public affair...

After wrangling with the coal ministry over green concerns, the environment ministry has cleared eight more CIL projects that have been stalled for about a year. The development comes close on the heels of Environment Minister Jairam Ramesh softening his stance on "no go" status for coal blocks falling in environmentally sensitive areas during the meeting of a Group of Ministers (GoM) on coal last week, where he assured that...