-The Times of India A couple of days back, Prime MinisterManmohan Singh was promised a rose by anti-corruption crusader Anna Hazare in the event of a strong Lokpal Bill. At this moment, however, its the thorns in that rose which stand out. Confrontation is looming over the current shape of the Bill, which is likely to retain administrative government control over the CBI. Anna has reverted swiftly to agitation mode, declaring...
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Govt's reasonable Lokpal Bill
-The Economic Times The government's version of the Lokpal Bill gets most things right. The entire Executive, represented by its senior layers, including the Prime Minister, comes under its purview. The Central Bureau of Investigation, which deals with all kinds of crime and not just corruption, is rightly kept outside the proposed Lokpal's administrative control but will investigate cases referred to it by the Lokpal. Nor is there any attempt to...
More »BJP offers hand on pension bill
-The Telegraph The Centre has reached an agreement with the BJP to pass a bill on pension reforms in the next “two or three” days, according to a cabinet minister. It has also been working on UPA partner Trinamul Congress, which is opposed to the bill. The BJP agreed after the government gave in on two of its demands related to the legislation, the Pension Fund Regulatory and Development Authority Bill, 2011. One was...
More »NABARD allocates Rs 2,000 crore for foodgrain storage warehouses
-PTI National Bank for Agriculture and Rural Development (NABARD) today said it has earmarked Rs 2,000 crore for building warehouses which will help in facilitating distribution of foodgrain to poor under the proposed Food Security Act. "Under RIDF ( Rural Infrastructure Development Fund), we have proposed to provide funds to the tune of Rs 2,000 crore exclusively for construction of scientific godowns across the country in this fiscal," NABARD Executive Director S...
More »FDI in Retail: Misplaced Expectations and Half-truths by Sukhpal Singh
The central government claims that allowing foreign direct investment into India’s retail sector will benefit small farmers, expand employment and lower food inflation. What has been the experience in India with organised retail so far and what has been the global experience with FDI? Sukhpal Singh (sukhpal@iegindia.org) is currently at the Institute of Economic Growth, Delhi. After being under relentless attack for a week, the United Progressiv Alliance government was forced to...
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