The government is planning a complete overhaul of the way the power sector is financed and subsidies are delivered, attempting to address a funding shortfall delaying the construction of electricity projects and worsening a chronic power deficit that threatens to sap growth in India’s energy-hungry economy.This exercise is based on a report submitted by a panel headed by Montek Singh Ahluwalia, deputy chairman of the Planning Commission, to the power...
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Perils of becoming a republic of scandals by Brahma Chellaney
Corruption, No. 1 national security threat, is eating into the vitals of the state, enfeebling internal security and crimping foreign policy. India confronts several pressing national security threats. But only one of them — political corruption — poses an existential threat to the state, which in reality has degenerated into a republic of mega-scandals. The pervasive misuse of public office for private gain is an evil, eating into the vitals...
More »90,000 babies die in Bihar in first month of birth by Arun Kumar
About 90,000 children die every year in Bihar within the first month of their birth, according to state principal secretary, health, C K Mishra. Inaugurating the first annual convention of National Neonatology Forum (NNF), Bihar chapter, on Sunday, Mishra said out of about 29 lakh children born every year in Bihar, 1.60 lakh die before completing one year of life. Of these, about two-thirds or about 90,000 die within the first...
More »The Banana Sheikhs by Neelabh Mishra
The Niira Radia tapes have firmly put the spotlight of adverse attention on politics and the media. But surprisingly, the loudest voice of protest—which is also a claim of innocence and a warning that the focus on the mud-smeared keeps attention off the real beasts in the 2G story—has come from India Inc. Ratan Tata, head of the Tata group and Radia’s foremost client, calls the leaked tapes “unauthorised” and...
More »Farmers stop repaying loans taken during 2008-2010 by KV Subramanya
Agricultural Debt Wavier and Debt Relief Scheme (ADWDRS-2008), which was introduced by the Union Government in 2008 to provide debt relief to farmers, has backfired in Chickballapur district. Under the belief that the Government would come out with a similar debt wavier/relief scheme in the future, a majority of farmers have stopped repaying fresh agricultural loans they have taken during 2008-09 and 2009-10, subsequent to the implementation of ADWDRS-2008. Thereby, many farmers,...
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