-Tehelka.com The Sen-Bhagwati ‘debate' on economic policy is focussing on the wrong issues Several things are quite remarkable about the recent debate between Professor Amartya Sen and Professor Jagdish Bhagwati. The first surprise is that such a debate could become a major news item at all, making headlines and filling screen time on news channels, when it is about economic strategies that are normally discussed only in relatively small academic and policy...

-The Hindu Business Line Fresh guidelines issued on procurement details, disclosure of CAG reports Public-private partnerships (PPPs) will soon come under the ambit of the RTI (right to information) as per a fresh set of guidelines issued by the Department of Personnel and Training (DoPT) on April 15. According to the guidelines on suo motu disclosure under Section 4 of RTI Act, 2005, the DoPT says since public services are proposed to be...

-The Times of India The Cabinet on Thursday will consider a Bill providing for time-bound delivery of services like pensions, passports, caste certificates, ration cards and tax refunds with a penalty of Rs 250 a day subject to a maximum of Rs 50,000 for default. The right of citizens for time-bound delivery of goods and services and redressal of grievances Bill is to be enacted under the concurrent list, which means all...

-Live Mint Govt reiterates it will crack down hard on tax evaders, defends steps introduced in Finance Bill to check evasion The government on Tuesday reiterated its intention to crack down hard on tax evaders and defended some of the stringent provisions introduced in the Finance Bill last week to check evasion, including granting wider powers of arrest to taxmen and making certain offences non-bailable. Finance minister P. Chidambaram, in his budget speech...

-The Economist Government borrowing generates inflation, widens the external deficit and crowds out much-needed investment. Can India now overcome its debt addiction? INDIA has grappled with its public finances for long enough. When presenting its first budget after independence in 1947, the finance minister of the day insisted that the country was not living beyond its means. Yet every budget since has failed to produce a surplus. India borrows more heavily...