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Debate on poverty of poor quality, says Basu

-The Business Standard Terming the debate over poverty numbers of a poor quality, chief economic advisor in the finance ministry Kaushik Basu today said even if different yardsticks were adopted, roughly the same conclusions would be drawn on decline in the number of people below the poverty line, between 2004-05 and 2009-10, as was estimated by the Planning Commission. The decline in the number during the period was the sharpest in any...

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Coalgate: FM downplays CAG findings

-The Times of India Faced with a looming embarrassment over the disclosure of irregularities in the allocation of coal blocks, finance minister Pranab Mukherjee on Saturday sought to play down the findings of the auditor, asserting that his final report would spare the government. Speaking against the backdrop of Opposition's criticism and its demand for a CBI probe into what is being called " Coalgate", Mukherjee said that that the report scooped...

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'Coalgate': Govt releases bits of CAG letter to deny TOI report

-The Times of India The government on Thursday sought to play down this paper's report of March 22 which stated that the Comptroller and Auditor General had estimated in its 110-page draft report that the coal ministry's decision to award 155 coal acreages without competitive bidding had led to "undue benefits" of Rs 10.67 lakh crore to private and public firms. With the report creating a storm in Parliament, leading to adjournment...

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Vizag’s bicycle revolution-Sobhana K

-The Telegraph On Monday mornings, the white ambassadors with red beacons go missing from the premises of the municipality in Visakhapatnam. Instead, a queue of bicycles adorns the parking ground in front of the office. Commissioner B. Ramanjaneyalu and his senior officials may be entitled to government cars but on the week’s first working day, they have to leave the comfort of their cars behind and compulsorily bike to office. It’s all part...

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Facts, not outrage

-The Business Standard Public discussion on falling poverty hits a new low The Lok Sabha was adjourned for a short duration on Wednesday following an uproar over the government’s latest figures for poverty. This follows widespread public outrage at those figures. A dispassionate observer of this discussion may be led to conclude that either poverty has risen dramatically or the government has somehow fudged the figures inexcusably and obviously. Elsewhere perhaps,...

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