-The Times of India A day after India Against Corruption (IAC) charged the government with selling out to Reliance Industries Ltd (RIL) on the company's KG-D6 gas field off the Andhra coast, the oil ministry on Thursday hit back by describing the allegations as "baseless and frivolous". In a point-wise rebuttal to IAC charges, a ministry statement — issued after former oil minister Mani Shankar Aiyar met incumbent Veerappa Moily for over...
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After change of guard, CAG-RIL meet on audit issue postponed -Sujay Mehdudia
-The Hindu The postponement conveyed by Petroleum Ministry to CAG on October 29 Only days after the change of guard in the Petroleum and Natural Gas Ministry, the “Entry Conference” by the Comptroller and Auditor General (CAG) with the Petroleum Ministry officials and representatives of Mukesh Ambani-owned Reliance Industries Limited (RIL) to discuss details of the financial audit of KG D6 accounts has been postponed indefinitely. Sources in the Ministry said that after...
More »Officials who fail to take decisions on spending Plan funds should be penalised
-The Economic Times The trend in Plan spending so far is disheartening. Actual expenditure during the first five months of the current fiscal year amounted to about 28% of the budgeted spending of Rs 5,21,025 crore for this fiscal - the lowest proportion recorded over the last five years. Ministries and departments are said to be willing to surrender unspent money, rather than take decisions that they fear could be questioned by...
More »MGNREGA badly needs overhaul-V Ramakrishnan and Mukul Asher
-The Business Standard The rural jobs scheme can boost productivity in farm and textiles sector. There is mounting evidence that Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) of 2005, under which 100 days of guaranteed wage employment a year was to be provided to target households, is failing to meet its stated objectives. The total cumulative expenditure since 2005 under the MGNREGA is officially estimated to be Rs 1,50,000 crore, and the...
More »Qualified teachers needed
-The Pioneer A school shapes the future of a child. But according to a latest research, there is a need for 60 lakh qualified teachers in India. Sangeeta Yadav speaks with some experts to bring you a solution to this glaring problem A degree does not qualify someone to become a teacher. A teacher has to be a life long learner, researcher, pedagogy, must understand assessments and must be able to motivate...
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