-The Business Standard Independent evaluation of government schemes is essential In the final year of its term, the previous government decided to effect a significant restructuring in one channel of transferring funds to states. Centrally sponsored schemes - 146 in number - were first consolidated into 83, both through mergers and termination. Then, it was decided that instead of the funds for these being allocated to the relevant ministry at the Centre,...

-The Hindu Driven substantially by the higher education sector, real estate deals and mining income, India's black economy could now be nearly three-quarters the size of its reported Gross Domestic Product (GDP). These are among the findings of a confidential report commissioned by the government and accessed exclusively by The Hindu. Since there were no "reliable" estimates of black money generated in India and held within and outside the country, the UPA...

-PTI India is asking for a change in the base year (1986-88) for calculating the food subsidies Supporting India's tough stand at WTO on the food security issue, UN body for development of agriculture IFAD today said ensuring food for its people is more important than creating jobs in certain other nations. "Creating jobs for some other country, while people are still hungry, doesn't make sense... If I was in the position of...

-The Times of India NEW DELHI: India's domestic compulsions and the danger of breaching the subsidy cap for wheat and rice forced the government to thwart attempts by other World Trade Organization members to push through a new set of customs rules without addressing its concerns. The subsidy data, due to be released by the government over the next few weeks, will reveal that the subsidy on rice was over 9% of...

-The Indian Express A headlong rush into PPPs will only leave a trail of disputes, renegotiations, corruption. The conventional wisdom in India on public-private partnerships (PPPs) is that they help governments raise capital to meet large infrastructure investment targets. But this rationale for promoting PPPs does not stand on strong foundations. There are three potential reasons for supporting PPPs. First, they enable governments to access more capital without visibly breaching fiscal targets. In...