Economics is the art of evaluating the cost of the opportunity foregone. This is a delicate skill, as are all things that dabble in what-might-have-been. It is never that difficult, therefore, to over- or underestimate the size of the opportunity cost. In the case of the report of the Comptroller and Auditor General on the awarding of 2G licences, the figures should certainly be open to debate. They certainly come...

The social audit of development works under MGNREGA in Todgarh panchayat, Ajmer district asserted and endorsed the Rs 56 lakh embezzlement found by the district administration in a recent enquiry, whose findings were read out at the social audit gram sabha yesterday. It may be recalled that only recently, panchayat resident Bikam Chand Jain who was seeking information  on MGNREGA and other panchayat works in Todgarh had his legs cut...

The National Advisory Council's recommendations on the National Food Security Bill are in danger of being brushed aside. It is the fate of most advisory committees that the government accepts whatever advice suits its purposes and ignores the rest. The first version of the National Advisory Council (NAC-1) managed to avoid that fate to some extent, due to favourable circumstances. NAC-1 was able to persuade the government to enact the...

The social audit of development work under the MGNREGA in Todgarh panchayat, Ajmer, has confirmed the Rs 56-lakh embezzlement found by the district administration in a recent enquiry. The findings were read out at the social audit gram sabha on Thursday. The Todgarh panchayat is close to Malaton Ki Weir, also in Ajmer, where anomalies amounting to Rs 1.41 crore was uncovered during a special audit last year. "The scale...

Maharashtra home minister R R Patil refused to provide police protection to RTI activists but he was quick with a special security cover for former Shiv Sena leader Kiran Pawaskar, soon after he joined NCP. With this, Pawaskar joins a club of 25-odd politicians, who don't hold any official post, but have been granted special security by the home department run by an NCP minister. Like Pawaskar, all those who...