-The Hindu The work of India’s supreme auditor cannot be put through an audit unless the institution itself initiates one The relentless campaign against the Comptroller and Auditor-General, of an unprecedented ferocity, compels me to write again on the subject. First, has the CAG caused a political and constitutional crisis, as some have argued? All that the CAG does is to submit audit Reports. Any audit report, if it is a good report,...
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Oil PSUs: Decoding the math of loss or under-recovery and what it means-Avinash Celestine
-The Economic Times How right was the government when it stated that the under-recoveries posed a threat to 'our national economy'? Or when the government says that it gave more to the sector in the form of subsidies than it earned as fuel taxes? The government would also like you to believe that the under-recoveries, dependent as they are on the price of crude in the international market, and the exchange...
More »Myths about industrial agriculture -Vandana Shiva
-Al Jazeera Organic farming is the "only way to produce food" without harming the planet and people's health. Reports trying to create doubts about organic agriculture are suddenly flooding the media. There are two reasons for this. Firstly, people are fed up of the corporate assault of toxics and GMOs. Secondly, people are turning to organic agriculture and organic food as a way to end the toxic war against the earth and...
More »Don’t cut subsidy for PDS sugar, says Karunanidhi
-The Hindu Wants State to reduce VAT on diesel DMK president M. Karunanidhi on Sunday advised the Centre against taking any decision, including divestment of public sector undertakings, in the name of generating revenue that would severely affect the poor and middle class. In a statement here, he said the Centre should not go ahead with its proposals to cut the subsidy for sugar meant for public distribution system. “There are Reports the government...
More »'Crony capitalism' to be out of plan docu? -Dipak Kumar Dash
-The Times of India The Planning Commission may drop reference to crony capitalism in the plan document after protests from some ministers who are of the view that any mention would be a tacit acknowledgment of the existence of the practice. Besides, it has suggested "transparent auction" of natural resources as the solution, something that the government is not willing to accept as the one-size-fits-all approach for all sectors. Apart from crony capitalism,...
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