In her pre-Independence Day address, the President of India advocated the need for enhanced transparency and accountability in government, stressing the need for the adoption of rational and practical approaches in addressing these challenges. Her choice of qualifiers is significant, since the need for reform is especially being felt in government contracts, with recent government initiatives such as enacting a formal public procurement law for India, and for laying down...

The proposed regulations aim to create a new countrywide infrastructure for trading of commodity-based securities in the form of electronic receipts as with equity shares on exchanges A committee under the Warehousing Development and Regulatory Authority (WDRA) has recommended regulatory changes that can effectively control prices of food items, improve lives of farmers and change the warehousing landscape in India. The proposed regulations, drafted in consultation with the capital market regulator, the...

The ever-energetic Jairam Ramesh has unveiled a new land acquisition policy for discussion. He has taken on the difficult task of changing an old law whose implementation has led to a sorry mess in Nandigram, Singur and Noida, to mention only a few of the recent cases that have hit the headlines. India’s policy regime for managing land rights and land transactions is totally dysfunctional. Greedy politicians in state governments have...

-IANS   Nearly nine million Indian households, or 45 million individuals, saw their incomes rise above the threshold of $1.25 a day, or Rs.56, in the two decades ended 2010, reflecting the success of microfinance, says a survey. "A dramatic number of families moved out of poverty between 1990 and 2010," said the report, based on a survey of more than 15,000 Indian households, carried out by the India Development Foundation (IDF), a...

A state data centre meant to be the backbone of launching much-needed e-governance initiatives has been hanging fire for the last two years and now looks like stuck for another six months at least for want of a building. An agreement to set up the centre, to come up under the aegis of National e-Governance Plan (NeGP), was signed with Sify Technologies in February, more than one and a half years...