-The Hindustan Times In his Independence Day address, Prime Minister Manmohan Singh said the rupee is down because of the global economic crisis. A look at the events of the last decade reveals otherwise. When the global economy was doing well between 2002 and 2008, the rupee was stable at about Rs. 45 to a dollar. When the global crisis erupted in 2008 and continued until 2012, the rupee held stable...
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Finances are already open, says Left-Aarti Dhar
-The Hindu The Left parties have always maintained that the financial statements and accounts of a political party should be made publicly available, and hence strongly rejected the order of the Central Information Commission (CIC) that sought to bring six national parties under the purview of the Right to Information Act, 2005. Disputing the CIC's argument that parties were public authorities, Prakash Karat, general secretary of the Communist Party of India (Marxist),...
More »First-ever amendment to historic RTI Act tabled in Lok Sabha-Vidya Subrahmaniam
-The Hindu Aimed shielding political parties, the Bill draws wide protests The Manmohan Singh government on Monday introduced the Right to Information (Amendment Bill), 2013 in the Lok Sabha overriding outrage and protests by ordinary users of the law as well as information activists, many of whom inundated the Speaker's office with appeals and applications urging Meira Kumar to refer the Bill to a select committee. The RTI Act was among a slew...
More »Government should reward progressing states, not backwardness
-The Economic Times The government, reportedly, is creating a new composite development index to rank states that use new, more comprehensive criteria. Since the 12th Finance Commission recommended special grants for backward regions, in addition to special allocation of Plan funds to so-called Special Category states, there has been some enthusiasm among state leaders for accentuating their respective state's backwardness. Bihar chief minister Nitish Kumar has invested a lot of political...
More »Government seeks to woo Nitish with new backward state measure
-The Times of India NEW DELHI: An expert committee under chief economic advisor Raghuram Rajan has identified 10 parameters for a new Composite Development Index, whose adoption by the Centre will change the way thousands of crores are transferred annually and can potentially set the stage for realignment of political forces in Bihar before the 2014 polls. The new index seeks to rate states on the basis of their distance from the...
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