-The Hindu * What is the push behind the strategic disinvestment move? What are the gains? The story so far: On November 20, the government announced that it would sell stakes in several Public Sector Undertakings (PSUs) and even give up management control in some. The Central government will cede full management control to buyers in the case of oil marketing company Bharat Petroleum Corporation Ltd. (BPCL), Shipping Corporation of India (SCI)...
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Give us your SC/ ST numbers: Govt to firms under EPFO -Aanchal Magazine & Sunny Verma
-The Indian Express Through this month, regional provident fund offices have been sending out queries in a specified format to companies seeking “employment data of the proportion of SC & ST employees in total employment”. THE MINISTRY of Labour and Employment has kicked off a survey that requires establishments contributing to the Employees’ Provident Fund Organisation (EPFO), including from the private sector, to furnish information on the number of SC and...
More »What Ails CAG, and What Can Be Done? -BP Mathur
-Centre for Financial Accountability blog The institution of Comptroller and Auditor General (CAG) in India is patterned on the British model. In Britain, The Exchequer & Audit Department Act of 1866 created the office of CAG with a view to strengthen democracy and exercise parliamentary control over national finances. The office of CAG came into being, thanks to the missionary zeal of William Gladstone who was Finance Minister at the time...
More »The oil & rupee problem -Kirit Parikh
-The Indian Express A balanced approach can reduce petrol price without affecting revenues. RBI mustn’t artificially shore up rupee The Brent crude oil price has changed from around $68/barrel in January to $70/barrel on November 9, touching a high of $86 on October 3. The rupee has also fallen from Rs 63.30 per US$ in January to Rs 70 on November 9. These fluctuations have created major policy problems for the...
More »Modi's Gas for the Poor Scheme Marred by Data Inflation, Poor Implementation -Ravi Nair
-TheWire.in Apart from subsuming all earlier Central and state schemes under the PMUY to boost numbers, a major proportion of scheme beneficiaries cannot afford to use gas despite getting a free connection. New Delhi: The Pradhan Mantri Ujjwala Yojana (PMUY) is one of the flagship schemes of the Narendra Modi government. Officially launched on May 1, 2016, the government regards it as one of its greatest success stories. The official claim is...
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