India on Saturday managed to get backing of the world’s 19 most powerful economies on the issue of sharing tax information, as the G20’s draft communiqué for the first time took note of New Delhi's concerns. The draft, however, remained silent on recovery of ill-gotten wealth stashed in tax havens. The draft communiqué, to be issued by G20 Finance ministers and central bank governors later on Saturday, has resolved to address...
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No relook at RTI: Salman Khurshid
-The Indian Express Amid a raging debate on RTI, Union Law Minister Salman Khurshid has made it clear that there is no proposal for a "relook" at the Act but noted that not only the government but the judiciary too had experienced "difficulties" because of it. "We are proud of RTI. We are pleased that we gave RTI to this country. Even if it causes inconvenience to this country to an extent,...
More »GoM wants proposals on State funding of polls
-The Hindu The Group of Ministers (GoM) meant to consider measures to tackle corruption has directed the Ministry of Law to formulate concrete proposals on Constitutional and statutory amendments needed to consider feasibility of State funding of elections. The GoM headed by Union Finance Minister Pranab Mukherjee is mandated to look at a range of policy initiatives and action required to address corruption. In its first report in September, the GoM had...
More »Double Whammies by Lola Nayar
What began as a few whispers is now a booming drumbeat. Powerful senior ministers are asserting that the Right to Information Act (RTI), till now flaunted as one of the UPA government’s biggest gifts to the aam aadmi, is “transgressing into government functioning”. Similar misgivings are being voiced on another constitutional body that has been in the news lately—the Comptroller and Auditor General of India (CAG). Put together, this has...
More »Now, CAG proposes to cover all public expenditure, PPP projects by Ashwani Sharma
The Comptroller & Auditor General (CAG) of India, Vinod Rai, on Sunday said that the audit mandate should be expanded to bring all public expenditure within its purview. “There is a need for amending the audit mandate of the CAG to bring all public expenditure, including projects under Public-Private Partnership (PPP) mode, within the purview of public audit,” Rai said. The statement comes days after Rai said that the credibility of the...
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