A Comptroller and Auditor-General of India report has expressed dismay over the rising share of funds disbursed by various ministries to local bodies and NGOs in 2010-11. The CAG report on the accounts of the Union government was tabled in Parliament on Tuesday. "An analysis of plan expenditure revealed that 77% of the total plan expenditure was in the form of grants-in-aid payment,'' the report stated. "In five of the ten...

We need a properly defined strategy to integrate poorer children into schools For millions of children, it is a struggle to get to school, to stay in school and to make sense of what is happening in the classroom. After visiting many homes in rural and urban India, I have realised that learning to read without decent instruction, without enough nutrition, without electricity and water, without a place to keep your...

-Daily News Asia's rapid growth is leaving millions behind, causing a widening gap between rich and poor that threatens to undermine the region's stability, according to a new report from the Asian Development Bank (ADB). "Another 240 million people could have been lifted out of poverty over the past 20 years if inequality had remained stable instead of increasing as it has since the 1990s," said ADB's Chief Economist Changyong Rhee. The Asian...

Drug smugglers and third-world dictators laundering ill-gotten wealth through secretive banking systems in tax havens is an anachronistic image from crime novels. Leveraging US' remarkable success in compelling tax havens to block terrorist financing, the G20/OECD have successfully persuaded tax havens to improve tax transparency and participate in an international regime of information exchange.  All tax havens have committed to OECD standards for tax transparency and are executing Tax Information Exchange...

Imagine you are a citizen racing across newspapers rapid fire. As you flip the pages you run across events like the Vedanta mining case, the Koodankulam nuclear controversy, the debate on poverty and reports about climate change. Each of these can be a life-threatening event and none of them have a life support system of knowledge which allows them to be debated in the open. The basic information comes from...