-The Hindu ‘But cumbersome anti-graft apparatus can delay decisions'   With a slew of scams vitiating the government's policy-making environment and holding up reforms, the Economic Survey 2011-12 on Thursday advocated need for a ruthless crackdown on corruption, but cautioned that a large and cumbersome anti-corruption bureaucracy could impact decision-making. “While we need to ruthlessly crack down on corruption, it must, at the same time, be recognised that the fear of a large and...

-The Economic Times   Could the Centre freeze the job guarantee scheme during peak agriculture season?  The controversial demand from the agriculture ministry found an echo in the Economic Survey released on Thursday, but was quickly dismissed by rural development minister Jairam Ramesh. While lauding the flagship scheme, the survey listed a few other measures as the way forward. "While the overall performance of MGNREGS has been good, there is scope for improvements...

Most of us don’t even get a single shot at making history — Manmohan Singh has a second chance The fiscal deficit is an outcome, not a policy. It is the net resolution of the policies pertaining to taxes and expenditure. It is worth analysing separately the two components of the deficit. The table reports the results of relating the tax and expenditure share of GDP to per capita income for...

-The Economic Times The Opposition, acting in sync with the Trinamool Congress, a component of the ruling UPA at the Centre, on Wednesday scored a victory in the Rajya Sabha when it got the government to commit itself to the passage of the Lokpal and Lokayukta Bill in the House in the "first half of the budget session itself.'' "We want to bring the bill within this part of the session,'' parliamentary...

-Express News Service On Wednesday, Railway Minister Dinesh Trivedi lost his job for doing what two of his immediate predecessors — one of them his own party boss — could not. After 10 years, fares of passenger trains were finally increased in the rail budget that Trivedi presented, with the aim of pumping in much-needed funds into the financially ill national transport utility. Rolled out in two forms, the “fare rationalisation” models...