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FinMin plan for NIB diluted -Priscilla Jebaraj

-The Hindu New investment committee can hasten,not compel clearance After the Environment Ministry’s vociferous objections to a National Investment Board (NIB) which could assume some of its authority, the Union Cabinet on Thursday approved a renamed and watered down version of the original proposal, creating a new Cabinet Committee on Investment (CCI) to expedite decisions on infrastructure and manufacturing projects over Rs. 1,000 crore. The new CCI will be chaired by Prime Minister...

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Cash is no cure-all-Lant Pritchett and Shrayana Bhattacharya

-The Indian Express Cash transfers seem to be the latest fad. With elections looming, the Prime Minister’s National Committee on Direct Cash Transfers has been tasked with an ambitious mandate to provide vision and direction to enable direct cash transfers of subsidies under various government schemes and programmes to individuals to enhance efficiency. Certain activists warn against an ill-considered and hasty transition from food to cash. Others believe directly transferring the...

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India second in keeping tabs on netizens -Ishan Srivastava

-The Times of India CHENNAI: India ranks second globally in accessing private details of its citizens, next only to the US, if the latest data from Google is to be believed. The transparency report by the internet search giant lists out requests it received from governments across the world to access information on the users of its various services. In the first six months of 2012, India made 2,319 requests involving 3,467...

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PMO minister says CAG may be expanded, kicks up row

-The Times of India The UPA was caught in a fresh controversy over the comptroller & auditor general (CAG) after V Narayanasamy, minister of state in the Prime Minister's Office, was quoted as saying that the government was "actively considering" converting the federal auditor's office into a multi-member body. "It (VK Shunglu panel's suggestion to make changes in CAG) is under active consideration. The government is actively considering it," news agency PTI...

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Sonia Gandhi 4th richest politician in the world -Preeta Memon

-WeeklyBlitz.net As India is approaching towards a general election in less than a year, the leader of ruling Indian National Congress has been listed as world's fourth richest politician with a total wealth of over US$ 18 billion, which is invested in real estate, telecommunication and various business projects around the world, while significant portion of the amount is also deposited in secret bank accounts. Italian born Indian politician Sonia Gandhi...

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