The discretionary powers of ministers and bureaucrats will either be shelved or severely curtailed. Tasked to draft a national policy on government procurements, a group of ministers (GoM) headed by finance minister Pranab Mukherjee feels that abuse of discretionary powers plays a major role in fostering corruption, be it procurement of rice or purchase of aircraft. With the total government procurement - from the Centre to panchayat level - worth a huge...
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Dividing the poor by TK Rajalakshmi
The flawed Bill on food security has not received the kind of publicity that the Lokpal Bill has, but that does not diminish its significance. “THIS government has divided everything and everyone. There are different cards for different sections of the poor. If my employer, taking pity on me, gives me an old television, I am not entitled to a yellow card [Below Poverty Line card]. My son who is...
More »Risk in the call by R Ramachandran
A World Health Organisation agency evaluates electromagnetic radiation from mobile phones for carcinogenicity. THERE has been a dramatic increase in the use of the mobile phone worldwide since its introduction in the mid-1980s. According to the estimate of the International Telecommunications Union (ITU), currently there are about five billion mobile phone subscribers globally. In the past decade or so, there has been growing concern about the possibility of adverse health effects,...
More »US, brands may stop sourcing if apparel industry fails review by Shramana Ganguly Mehta
Apparel exporters risk losing clients like GAP, Reebok and Nike if India fails to convince the US on Friday that its industry does not employ children. India has been asked to defend itself in the US on May 20 against charges of child labour. Child labour is a sensitive issue for American multinationals who source 30% of their global requirements from India. The brands can stop India sourcing if the country...
More »Dr Arvind Virmani, Affiliate Professor (& Distinguished Senior Fellow), George Mason University (School of Public Policy-CEMP), and Executive Director, IMF interviewed by TCA Srinivasa-Raghavan
Given a positive regulatory environment, banks and other financial intermediaries will certainly be interested in using the smart card opportunity. Dr Arvind Virmani, with a Ph.D. from Harvard and 30 years of professional experience, is one of the most valued economists in the Government. Before he retired as Chief Economic Advisor in 2009, he had served in the Finance Ministry and the Planning Commission. A researcher par excellence, his research papers...
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