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EGoM on food deferred due to differences among ruling allies

-PTI   A meeting of the Empowered Group of Ministers (EGoM) on food, headed by Finance Minister Pranab Mukherjee and scheduled for today, has been postponed due to differences among ruling allies, especially the NCP, over the sugar export policy. The meeting was deferred as the NCP leader and Agriculture Minister, Sharad Pawar, wanted a clear policy on sugar export for 2011-12 to be decided this month, but Food Minister KV Thomas was...

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Montek for PPP projects to come under RTI

-The Times of India   Planning Commission deputy chairman Montek Singh Ahluwalia on Thursday said Public-Private-Partnership (PPP) projects should be covered under Right to Information (RTI) Act, but government agencies involved in the projects should be asked to provide information under the law. Ahluwalia was in favour of full disclosure by public authorities of all relevant aspects of PPPs and performance under them. "PPP should be covered under RTI Act, but government agency...

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Govt’s next CAG headache: ‘Mega losses in power deal’ by Amitav Ranjan

The Comptroller and Auditor General has alleged that the union power ministry gave “undue benefit” of Rs 1.20 lakh crore — calculated over the next 25 years — to Reliance Power Ltd (RPL) in the ultra mega power projects (UMPPs) at Sasan in Madhya Pradesh and Tilaiya in Jharkhand.   In its report sent to the power ministry last month, the CAG has argued that the government did so by changing coal...

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Redistribution is not inclusion growth by Arvind Panagriya

Only in India does redistribution, which keeps the poor and marginalised out of the mainstream of the economy, pass for inclusive growth. In much of the rest of the world, inclusive growth would mean giving the poor and marginalised a direct stake in the economy with fast-growing industries and services absorbing them into gainful employment and, thus, making them true participants and partners in the growth process.  But in India, we...

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CAG not exceeding jurisdiction: Pranab

-PTI   Finance minister Pranab Mukherjee today backed the Comptroller and Auditor General (CAG) in the context of reports on various scams, saying the government auditor has not exceeded his jurisdiction.  "I am making it clear that I do not think that CAG is exceeding its jurisdiction or things like that, because basic responsibility of the CAG is to identify, if there is any, lapse," he said during a question-answer session at the...

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