-The Hindu PM Modi to head panel that will give strategic advice On the first day of the New Year, the Modi Government set up NITI Aayog (National Institution for Transforming India) in place of the Planning Commission. The Prime Minister will head the new institution tasked with the role of formulating policies and direction for the Government. Its Governing Council will comprise State Chief Ministers and Lt. Governors of Union Territories. The...
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Inflation: Three reasons why rising food prices could be here to stay -M Rajshekhar
-The Economic Times None of the standard explanations quite explain the rise in food prices India has seen: pronounced since 2006 and alarming after 2010. Drought and poor rains? The country has seen good aggregate rainfall in most of those years. Spike in global prices? Those were high in 2007-08, not now. Fragmented value chains that allow middlemen to grab large margins? The value chain has always been fragmented. Growth has slowed...
More »A veggie vengeance -Shreekant Sambrani
-The Business Standard The government needs counter cyclical policies to tackle vegflation, which has become a recurrent problem Somebody help. Narendra Modi and Arun Jaitley are held hostage, not by jihadists, recalcitrant opposition, international capital or the ever-erratic monsoon, but by faceless, nameless manipulators of Nasik, Navi Mumbai and Azadpur markets. The "raw" terror they have let loose resounds in the corridors of government as well as media power. Cutting to the chase,...
More »Independence from the government -Swagata Raha and Archana Mehendale
-The Hindu Although meant to function as watchdogs, human rights institutions in India are treated as subordinate departments with scant regard for their autonomy or statutory character A change in the occupancy of 7, Race Course Road, is spelling change in the composition of statutory bodies in India. With the Governors of various States, the office-bearers of the National Disaster Management Authority and the Chairperson of the National Commission for Protection of...
More »Delhi high court ruling empowers CAG to audit PPPs
-The Times of India NEW DELHI: The Delhi HC order empowering CAG to audit private telecom companies would not only kick off a massive audit exercise,but also ensure that CAG is empowered to audit PPPs (public-private partnerships), and similar engagements where private sector is engaged in some of the traditional government functions. "It is a landmark judgment, it will be quoted and discussed for years to come," a senior audit official said,...
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