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CAG Criticises Modi Govt For Using Creative 'Off-Budget Financing' Techniques

-TheWire.in The national auditor believes that such methods allow the Centre to understate the true fiscal and revenue deficits in a given year. New Delhi: India’s national auditor has raised red flags over the Narendra Modi government’s propensity to borrow funds using “off-budget” methods, a practice that allows it to finance capital and revenue spending while maintaining deficit targets. The criticism comes from an audit report tabled in parliament on Tuesday, but is...

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Tirunelveli Collector skips private PLAyschools, admits her daughter in anganwadi -Priyanka Thirumurthy

-TheNewsMinute.com Shilpa Prabhakar Satish, who became the district’s first woman collector when she took charge in May 2018, says her daughter enjoys going to the anganwadi daily. At a time when parents across the state are in deep discussions over which PLAy school to admit their wards in the coming summer, Tirunelveli’s first woman collector, Shilpa Prabhakar Satish, has chosen a government run anganwadi for her daughter. And the 2009 batch...

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Monsanto allowed to claim patent on GM cotton seeds

-The Hindu Business Line Shares of Monsanto India Ltd climb as much as to Rs 2,669, their highest since Sept. 26 The Supreme Court on Tuesday allowed Monsanto Technology to claim patent on its genetically-modified cotton seeds, giving a boost to firms developing new seed technologies. The ruling overturned an order of a Division Bench of the Delhi High Court last year which invalidated the patent granted to Monsanto — acquired by German...

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Fundamental flaws in crop insurance scheme's design makes it ineffective -Devinder Sharma

-Livemint.com The government did not visualize there were problems in the way it was designed, the methodology itself was faulty Pradhan Mantri Fasal Bima Yojana (PMFBY), the flagship programme launched with much fanfare in 2016, has run into rough weather. With both the area covered and the number of enrolled farmers declining, the country’s premium crop insurance scheme is certainly in need of an overhaul. While Parliament’s committee on estimates, chaired by senior...

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The DeMon's alternative -Venky Vembu

-The Hindu Business Line If the Centre had stuck to its ‘minimum government’ promise, it may have met the note-ban goals – without the pain In a New Year’s Day interview to a news agency, Prime Minister Narendra Modi revisited his government’s demonetisation move of November 2016. Perhaps this was born of the realisation that the notebandi decision and its impact on the economy would likely define the NDA government’s term in...

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