-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 In a significant move towards transparency, the government on Tuesday said all public authorities should proactively disclose information related to public private partnerships (PPP) projects on their websites. Though the disclosure will be voluntary, this marks a shift from the Centre's stand for the last two years when it stonewalled Central Information Commission (CIC)'s recommendation seeking disclosure of PPP projects and will herald greater transparency. Guidelines issued by the...

-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...

-The Guardian The global application of a fraudulent economic theory brought the west to its knees. Yet for those in power, it offers riches How they must bleed for us. In 2012, the world's 100 richest people became $241 billion richer. They are now worth $1.9 trillion: just a little less than the entire output of the United Kingdom. This is not the result of chance. The rise in the fortunes of the...

-The Business Standard Since cities have little money to cover operational costs of running buses, they do not invest in new buses or modern infra Liquor baron Ponty Chadha and his brother – both died recently in a fratricide – had another business that is not widely known. They had acquired the concession to run public transport buses in Delhi — three clusters with a combined fleet of 600-odd vehicles. Even before...