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CAG picks holes in Narendra Modi’s Gujarat development plan -Ajay Umat

-The Times of India   AHMEDABAD: At a time when NarendraModi's development model is under national spotlight, the Comptroller and Auditor General (CAG) has criticized his government in Gujarat for imprudent fiscal management. It has underlined a need for greater professionalism and accountability in the functioning of the government and asked it to be more alert and responsive. The national auditor has said the state government has incurred 41% higher debt than the...

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Urban slums data reinforces India’s consumption story-Neha Sethi

-Live Mint Indians who live in slums are not very different from those who live elsewhere, in terms of ownership of assets Indians who live in slums are not very different from those who live elsewhere, in terms of their ownership of assets, including consumer products and houses, although they may not have the same access to water and sanitation. The finding, reflected in Census 2011 data that was released on Thursday, reinforces...

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Andhra Pradesh to challenge SC interim order on SKS-Dinesh Unnikrishnan

-Live Mint State govt says did not receive notice from SC before order was issued; SKS shares fall 19.63% in intra-day trade Mumbai: Andhra Pradesh, once the largest market for microlenders and home to India's lone listed such institution SKS Microfinance Ltd, said on Thursday it would challenge the Supreme Court's recent interim order allowing the company to resume operations in the southern state, driving the stock down by almost 20%...

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Only 67% rural drinking water target met this yr

-The Indian Express In what could be a slight setback to the government's programme to bring safe and adequate drinking water to all rural households, only around 67 per cent of the targets have been met under the National Rural Drinking Water Programme (NRDWP) in 2012-13, as against the over 90 per cent achievement figures in the previous three financial years. These figures, up to March 19, have been made available as...

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Change without reform

-The Business Standard The implications of the food security Bill remain worrying The revised draft of the food security Bill, approved by the Cabinet Committee on Economic Affairs (CCEA) on Tuesday, marks some distinct changes over the draft introduced in Parliament in 2011. However, it may still not fully satisfy either the states or activists. While it retains the overall population coverage of 75 per cent rural and 50 per cent urban,...

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