The Comptroller and Auditor General (CAG) of India has cornered the state government, which had recently demanded a special package of Rs 2,500 crore for frost-hit farmers, in its report tabled in state Assembly today. The CAG has found gross irregularities, non-implementation of schemes, weak budgetary and expenditure controls in both original and supplementary budgets, rush of expenditure at the close of the financial year and underutilisation of central assistance. “The targets...
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Dr Arvind Virmani, Affiliate Professor (& Distinguished Senior Fellow), George Mason University (School of Public Policy-CEMP), and Executive Director, IMF interviewed by TCA Srinivasa-Raghavan
Given a positive regulatory environment, banks and other financial intermediaries will certainly be interested in using the smart card opportunity. Dr Arvind Virmani, with a Ph.D. from Harvard and 30 years of professional experience, is one of the most valued economists in the Government. Before he retired as Chief Economic Advisor in 2009, he had served in the Finance Ministry and the Planning Commission. A researcher par excellence, his research papers...
More »Healthy lessons from Bihar by Shailvee Sharda
Rising from ashes, Bihar is India's new phoenix. Recently it impressed the World Bank resulting in an aid worth several hundred crores for development of the state. And it has a number of lessons for neighbouring UP. In 2002-03, when census data was notified, UP fared better than Bihar. But, now the tortoise (read Bihar) has metamorphosed to hare, leaving UP behind. Consider figures from the National Rural Health Mission. Number...
More »2011 Census should unravel new India by Anil Padmanabhan
Later this week, the Registrar General of India (RGI) will unveil the first flush of its findings from the 15th census. This once-in-a-decade effort is the seventh in independent India and is expected to showcase an entirely new set of vital statistics, consistent with the ongoing social and economic transformation of the country and something that should enthuse demographers and policy planners alike. Expectations are that the array of socio-economic data...
More »Unions demand hike in daily wages
Bagisa Shramik Santha and Asom Majuri Shramik Union, two registered unions of the state, have demanded that the tea industry should hike the daily wages of labourers on a par with wages given to workers under the National Rural Employment Guarantee Act (NREGA) schemes. The unions have over one lakh members across the state. The Asom Majuri Shramik Union has its headquarters in Silchar while the Bagisa Shramik Santha has it headquarters...
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