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Need to overhaul government accounting norms, says CR Sundaramurti Committee report

-The Economic Times   A government-appointed committee has recommended a complete overhaul of government accounting norms with a view to enforcing transparency and better monitoring of public spending.  In its report submitted to finance minister Pranab Mukherjee, the C R Sundaramurti Committee has suggested rationalisation and reorganisation of the existing account classification of list of major and minor heads of accounts (LMMHA) of centre and states."  The proposed accounting classification structure will provide a...

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'Organic farming can create 60 lakh jobs' by Milind Ghatwai

Madhya Pradesh accounts for nearly 40 per cent of the total area under certified organic farming in the country. Though most of it is due to cotton fields, the state has an immense potential to bring even food crops under organic cultivation.   What may help the state’s cause is that agriculture is already organic by default in many tribal-dominated districts because farmers either don't have the resources to use chemical fertilizers...

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Higher spending on education is not improving dismal outcomes

-The Economic Times   India came 72nd of 73 nations in the Programme for International Student Assessment (PISA) competition, despite fielding students from its best states, Himachal Pradesh and Tamil Nadu. The dismal quality of Indian education is confirmed by the latest Annual Status of Education Report (ASER).  Throwing money (Sarva Shiksha Abhiyan) and legislation (Right to Education Act) at education has produced no quality gains at all. Abhiyan spending is up from...

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PM intervenes to put an end to UID row by Bharti Jain

The Prime Minister's Office has intervened in the simmering dispute between the home ministry and the Planning Commission over the capture of aadhaar biometrics by ensuring that the issue will be taken up by the Cabinet Committee on UID next week. According to a government source, principal secretary to the prime minister Pulok Chatterjee is learnt to have told officials handling the issue that UID, a major initiative of UPA,...

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Executive order for food plan rollout likely by Rajeev Deshpande

With its politically crucial food security agenda facing time-consuming scrutiny by a parliamentary panel, the government is considering the option of rolling out key elements of the programme through an executive decision that can be later subsumed by an act of Parliament. Concerned the bill that negotiated divides within the government and involved discussions with the Sonia Gandhi-headed National Advisory Council might be delayed till later this year, the Centre could...

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