-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...

-The Hindu Despite its many flaws, the food security bill is an opportunity to end the leakages from the PDS and prevent wastage of public resources The National Food Security Bill, now an ordinance, has been a target of sustained attacks in the business media in recent weeks. There is nothing wrong, of course, in being critical of the bill, or even opposed to it. Indeed, the bill has many flaws. What...

-Rediff.com Let us recount some facts to understand the circumstances that led to the death of 23 children at a primary school at Gandaman, Chapra . First, some micro-facts : The primary school struck by the tragedy is a NAV SRJIT VIDYALAYA, a newly created school. In fact, it is a break away from an earlier existing middle school in the village. This school, if you care...

-The Hindustan Times Chandigarh: Ecological issues have delayed the start of river-bed mining, an idea propagated by Punjab deputy chief minister Sukhbir Singh Badal with the aim of extracting enough sand not only to meet the growing demand but also to control its skyrocketing rates in the market. The plan may not be implemented immediately as the proposed quarries would require clearance from the state environment impact assessment authority. Also, environmentalists fear...

-The Business Standard Under-recovery estimated to touch Rs 1.5 lakh cr in FY14 due to rising crude oil prices & falling rupee The fall in the rupee to a new low this week has made the government jittery, as the under-recovery on petroleum products is threatening to touch Rs 150,000 crore in 2013-14, despite phased diesel decontrol and capping of subsidised cooking gas cylinders. According to the petroleum ministry's estimates, for every rupee...