-Outlook An RTI exposes how the Sikkim govt has blatantly misutilised funds meant for quake relief Whose Money Is It Anyway! Of the Rs 60.45 crore allocated for construction of roads and bridges, the state government gave only Rs 30 crore Another Rs 52.64 crore was allocated, of which the government again spent only Rs 3 crore On the other hand, the...
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Pulling manufacturing out of the rut-Arun Maira
-The Hindu It is the only sector that can create jobs and prevent the economic crisis from deepening In the last two decades, the Indian economy has witnessed a transformational change to emerge as one of the fastest growing economies in the world. Economic reforms unveiled in 1991 have brought about a structural shift enabling the private sector to assume a much larger role in the economy. GDP growth has largely been...
More »Millionaire mukhiyas -Alok Gupta
-Down to Earth Money pumped in development schemes in Bihar is giving rise to a new breed of village heads, flush with Money and flexing muscles About a year ago killings and a spurt in the purchase of arms and luxury vehicles in extremely backward villages started to bother the Bihar police. It spied and found that mukhiyas, or village heads, had multiplied their assets beyond imagination. It took the police six...
More »Planning Commission member Abhijit Sen questions relevance of Minority Affairs Ministry -Nistula Hebbar
-The Economic Times NEW DELHI: The UPA government claims it to be one of its signature achievements, but noted academic and Planning Commission member Abhijit Sen has all but questioned its relevance and, therefore, its existence. Sen, a former economics professor at the Jawaharlal Nehru University, said the Ministry of Minority Affairs, a showpiece in the Congress-led UPA's list of minority friendly moves, had achieved very little. "I am not in favour...
More »Can't sustain all subsidies, says SC, underlines need for fiscal prudence -Utkarsh Anand
-The Indian Express The Supreme Court on Monday advocated a "balanced approach" on subsidies so that the country's "economy not just survives but also thrives". The court upheld the decontrol of diesel prices for bulk consumers, who had challenged the government's policy in various high courts. Some of these cases had travelled to the Supreme Court. "We have to keep in mind that the rupee is going down against the dollar....
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