-The Times of India   What prompted the Comptroller and Auditor General from not quantifying the losses to the exchequer in the KG Basin contract and Air India decisions may never be known. But from the way the federal auditor conducted itself on the day the reports were tabled one thing was clear-- there seems to be a rethink about the posture adopted by the constitutional authority in recent months. From its almost devil-may-care...

The Anna Hazare movement demands no activism from its followers, not even a clear understanding of the specific demands. “COMBATING corruption”, like “promoting peace”, can mean anything to anyone; and precisely because of this “fuzziness” it appeals to everyone. Some join the anti-corruption movement because they are against “corporate loot”; others join because they are against the Nehru-Gandhi “dynasty”; and still others join because they oppose the “corrupt practice of...

Anna Hazare’s fast is over, but the conjuncture of which that fast was an episode is not: Hazare’s own movement, or other similar movements, are bound to recur in the coming months. The question naturally arises: what are these movements all about? And to start with: what was Hazare’s own movement all about? It was certainly not about “corruption” in any definable sense. That word meant different things to the...

-The Times of India   Picking holes in some decisions made by the home ministry, the Comptroller and Auditor General of India has pointed out that the ministry had incurred an "avoidable expenditure" of more than Rs 9 crore by flying helicopters from Delhi to the North-East and Jammu and Kashmir to aid its troops deployed in operations. Besides, it has also rapped the ministry and its police wireless wing for incurring an...

The finance ministry is betting on substantial savings in some of the flagship social schemes and lower commodity prices to stay within the year's fiscal deficit target even as the central bank and economists raise the red flag over the Centre's finances. India's fiscal deficit, or the difference between expenditure and receipts that has to be met through borrowings, during the first four months jumped to 55% of the budgeted amount...