-The Hindu The funds collected can be used only for the designated purpose and cannot be diverted More than Rs. 1.4 lakh crore of funds collected by the government under various cesses for purposes as varied as higher education, road development and the welfare of construction workers are lying unutilised, shows an analysis by The Hindu of a Comptroller and Auditor-General report on government Finances and answers by Ministers in the Lok...
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States fail to implement MDMS with vigour, finds CAG report
In its performance audit of the Mid Day Meal Scheme (MDMS) carried out in 27 states (except Mizoram) and 7 Union Territories (UTs) during the period 2009-10 to 2013-14, the Comptroller and Auditor General of India has observed that the provision of noon meals in public schools could not stop children's enrolment in private schools because quality of education imparted is a major concern among the guardians. (Please check the...
More »From Plate to Plough: The fertiliser challenge -Ashok Gulati
-The Indian Express The sector is ripe for reform. Will the Centre bite the bullet in the next budget? One of the top economic priorities of Prime Minister Narendra Modi is to boost the manufacturing sector. Much of the effort to attract FDI is geared towards this. But the fertiliser sector has not seen any major fresh investment in the last 15 years or so. Some urea manufacturers are even seriously thinking of...
More »India Inc needs more time to spend meaningfully -Radhika Merwin
-The Hindu Business Line Indian corporates are just settling in to the regime of mandatory spends on CSR activities. The Centre has so far been lenient and has allowed them to spend less than the required amount as long as they disclose the reason. Many companies, which have fallen short, have listed a variety of reasons for this short-fall. This varies from the need for more time to identifying the right CSR...
More »Hope on climate & a long road ahead
-The Hindu The Paris Agreement on climate change marks a milestone in preserving the earth’s environment and provides a floor on which to build ambition and action. It is the outcome of a long struggle by millions of citizens around the world, aided by the weight of scientific evidence linking severe, more frequent weather events such as cyclones and droughts to man-made greenhouse gas emissions. The 195 country-parties to the UN...
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