-The Hindustan Times In an attempt that could help UPA 2 tide over the anti-incumbency factor and yield political dividends in 2014, the rural development ministry is proposing to cover 60 lakh additional below-poverty-line (BPL) people under its pension schemes. The proposals, including enhanced pension payouts, would cost the central exchequer an additional Rs. 9,500 crore. The recommendations of a committee under the ministry, if accepted, would add to the 260 lakh beneficiaries...
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As weather patterns get unpredictable, nations must start Budgeting for natural disasters
-The Economic Times It's extreme weather season in Asia again. Deadly cyclones, blinding rain, floods and mudslides are becoming the norm from Nepal to Fiji. The world's policymakers must reflect on extreme weather patterns while Budgeting their nations' finances. In Thailand last year's floods caused losses of $46.5 billion. Reconstruction costs will reach at least $50 billion, according to the government and UN's assessments. In Pakistan widespread flooding two years ago affected 20...
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-The Indian Express Why is a phenomenon as routine as dengue allowed to take the government unawares? Every year, dengue arrives with the dramatic intensity of a crime wave. The government’s health apparatus is always amazed and baffled, but claims to be fighting back with everything at its disposal. And it keeps fighting and losing until the weather changes again, the vector of the disease dwindles and nature takes away what it...
More »After change of guard, CAG-RIL meet on audit issue postponed -Sujay Mehdudia
-The Hindu The postponement conveyed by Petroleum Ministry to CAG on October 29 Only days after the change of guard in the Petroleum and Natural Gas Ministry, the “Entry Conference” by the Comptroller and Auditor General (CAG) with the Petroleum Ministry officials and representatives of Mukesh Ambani-owned Reliance Industries Limited (RIL) to discuss details of the financial audit of KG D6 accounts has been postponed indefinitely. Sources in the Ministry said that after...
More »'Free electricity for farmers is hurting development, not helping it– including farmers themselves'-Lalit Jalan
-The Economic Times There has been a change of guard at the power ministry and Jyotiraditya Scindia, the new man in charge, has described his task as daunting. To simplify the many complexities, it's worth keeping in mind an adage that's particularly apt for rural India: Nothing is more expensive than no power. While on one hand there are thousands of villages that still remain to be electrified, on the other even...
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