-The Business Standard The state govt is set to redefine public distribution system by linking it with insurance smart cards Several experiments are taking place across the country to make the public distribution system (PDS) free of leakages. Chhattisgarh that has led these is set to mark a new precedent with its PDS going smart in the next three months. The state government has reached an agreement with the labour ministry to...

Pointing out that fiscal deficit was a cause of concern, C. Rangarajan, Chairman of the Economic Advisory Council to the Prime Minister, said on Friday that action on reducing fuel and fertilizer subsidies would be taken “as early as possible.” “I would not like to put a time frame, I can only say that action will be needed and therefore will be taken as early as possible,” he told journalists on...

-The Hindu The acrimony between the government and the opposition has worsened to such an extent that it has subverted attempts to reach workable solutions to practical problems The French sociologist and columnist Raymond Aron had pointed out that in English, there are two different terms, “politics” and “policy” whereas in his own language there is only one single term, “La politique,” to cover both. It is the same in German as...

Prime Minister Manmohan Singh's direct involvement in the finance ministry has renewed reform vigour among officials, who plan steps to reform fuel pricing and accelerate domestic oil exploration, government and industry officials said. According to officials fuel pricing reforms are expected after mid July post Presidential poll, which would include a hike in diesel rates by atleast Rs 3 per litre and limiting highly subsidized cooking gas cylinders to four refills...

-The Asian Age   Amidst the high voltage campaign to tom-tom Bihar’s achievements for registering an unprecedented growth rate of 13.13 per cent for the year-2011-12, there exists a dark story. Almost half of the state’s population still lives below poverty line (BPL). According to sources in the Planning Commission, the background note, prepared by the panel for the Plan (2012-13) discussion with Bihar chief minister Nitish Kumar on Wednesday, around 48 per...