-The Economic Times The disruption of Parliament over coal raises four issues. The first is the BJP not allowing a debate to take place on the so-called coal scam. The second is the machinations in coal and the Comptroller and Auditor General's estimate of loss and gain. The third is the CAG suggesting that the government should have overridden the objections of state governments to the Centre's proposal to hold auctions for...
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Diesel subsidies benefit the haves more than have-nots -Ramkrishna Kashelkar
-The Economic Times MUMBAI: Soaring diesel consumption by fleet owners, telecom companies to keep their towers running and malls to pamper their affluent customers is blowing up the theory that continuation of diesel subsidies is intended to help farmers and truckers in order to keep inflation low. Diesel consumption is growing at a rapid pace that is lining the pockets of the business community rather than the government's intention to help poor...
More »Jairam Ramesh calls for freeze on fresh mining in worst Naxal-affected regions-Urmi Goswami
-The Economic Times Rural Development Minister Jairam Ramesh has pitched for a moratorium on new mining projects in the worst Naxal-affected regions and particularly in areas recently recaptured from insurgents, saying it was essential to quell the Maoist problem wreaking havoc across much of India's hinterland. Tribal affairs minister Kishore Chandra Deo had earlier made this suggestion. In comments certain to draw the ire of industry, parts of which already view him...
More »Now, CAG focuses on lax nuclear safety- Pradeep Thakur
-The Economic Times In case of a nuclear accident in India at present, the maximum fine that can be imposed by the regulator on an offending nuclear plant is Rs 500. A CAG report on Atomic Energy Regulatory Board (AERB), tabled in Parliament on Wednesday, has raised concern about the weak regulatory framework in the country that could pose potential danger like Chernobyl or the recent accident in Fukushima, Japan. Worse, the AERB,...
More »CAG challenges government to identify specific breach of constitutional mandate-Shalini Singh
-The Hindu Not only has the Comptroller and Auditor General (CAG) defended its position vis-à-vis allegations that it is exceeding its constitutional mandate, it has also been vindicated by the then former Finance Minister, Pranab Mukherjee. At an Economic Editor’s Conference in 2011, he said, “I am making it clear that I do not think the CAG is exceeding its jurisdiction, because the basic responsibility of the CAG is to identify...
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