-The Hindu The intention behind the move to make the CAG a multimember body is not to activate the Shunglu Committee’s report but a desire to clip the auditor’s wings During the last few days there have been many comments on the report that the government of India was considering a proposal to make the Comptroller and Auditor General of India (CAG) a multimember body. The move has been widely seen as...
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Has the 2G spectrum auction really been a failure?-Surajeet Das Gupta
-The Business Standard Deconstructing the numbers shows companies have bid smartly to get the best deals The recently concluded sale of 1,800-MHz spectrum through auction to telecom service operators, or telcos, has been declared a damp squib for two reasons: One, only five telcos participated in the auction; and two, the bids added up to Rs 9,407 crore, which was less than a third of the Rs 30,000 crore the government had...
More »Mangroves under threat from shrimp farms, UN study says
-Reuters OSLO: Valuable mangrove forests that protect coastlines, sustain sealife and help slow climate change are being wrecked by the spread of shrimp and fish farms, a UN-backed study showed on Wednesday. About a fifth of mangroves worldwide have been lost since 1980, mostly because of clearance to make way for the farms which often get choked with waste, antibiotics and fertilizers, according to the study. Intact mangroves were almost always more valuable...
More »Foreign investment in developing countries must involve local farmers to succeed – UN
-The United Nations International investments must give local farmers and active role and leave them in control of their land if they are to have a positive effect on the host country’s economy and advance development, according to a report released today by the United Nations food agency. Produced by the UN Food and Agriculture Organization (FAO), the report – Trends and Impacts of Foreign Investment in Developing Country Agriculture – emphASIzes...
More »Big cities are gasping for fresh air; air pollution worsens in metros-Shelley Singh
-The Economic Times Along with your tablet, smartphone and car keys, get ready to pack a gas mask. And if you thought the recent smog in Delhi and the more-than-usual pollution levels (20% higher) in the last fortnight were due to the burning of residual crop in Punjab and Haryana, you are wrong. After a steady improvement since the late-1990 s, the air in Delhi — and all other Indian cities —...
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