-The Hindu   The government on Tuesday extended the terms of reference of the Nilekani task force on direct transfer of subsidies to include an Aadhaar-enabled unified payment infrastructure. Set up by the Union Finance Ministry under the chairmanship of Unique Identification Authority of India (UIDAI) chief Nandan Nilekani in February, the task force was asked to recommend and implement a solution for direct transfer of subsidies on kerosene, LPG and fertiliser to...

While the government is grappling with a huge fiscal deficit and hence large borrowings to fund key social sector schemes, staggering sums of up to Rs 1 lakh crore in a year out of the money allocated to various ministries remained unspent between 2005-06 and 2007-08. Unspent provisions of Rs 100 crore each or more alone totalled Rs 59,000 crore in these years, according to the Comptroller and Auditor General....