-The Business Standard Deconstructing the numbers shows companies have bid smartly to get the best deals The recently concluded sale of 1,800-MHz spectrum through auction to telecom service operators, or telcos, has been declared a damp squib for two reasons: One, only five telcos participated in the auction; and two, the bids added up to Rs 9,407 crore, which was less than a third of the Rs 30,000 crore the government had...
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What Shunglu report? It’s plain anger -Ramaswamy R Iyer
-The Hindu The intention behind the move to make the CAG a multimember body is not to activate the Shunglu Committee’s report but a desire to clip the auditor’s wings During the last few days there have been many comments on the report that the government of India was considering a proposal to make the Comptroller and Auditor General of India (CAG) a multimember body. The move has been widely seen as...
More »Delivering food to a billion people -Yoginder K Alagh
-The Hindustan Times India's food problem is bifocal. A fast growing democracy cannot continue to live with any more deaths due to hunger and malnutrition. Simultaneously, it has to resolve the problem of meeting the rapidly rising food needs of a growing economy or what is called food inflation, basically an inability to grow and deliver food adequately and efficiently to meet the rising and diversifying demand. Indians are good demand modelers....
More »Losing the climate fight
-The Business Standard Worryingly, investment in clean energy declines Global investment in clean energy will decline perceptibly this year for the first time in eight years, signalling an unwarranted complacency in the fight against climate change. A report by Bloomberg New Energy Finance says funding for renewable energy generation in the first three quarters of this year was $164.2 billion, down from last year’s $196.4 billion. The downturn is the steepest at...
More »FCI to sell 3 mn tonne wheat in open market to ease prices
-PTI The government has surplus stocks in view of record production last year Food Corporation of India today said it will sell immediately 3 million tonnes of wheat to bulk consumers in open market in an effort to bring down prices. Last week, the Cabinet Committee on Economic Affairs (CCEA) had approved sale of 6.5 million tonnes of wheat under open market sale scheme (OMSS) through the tender process. "Out of 6.5 million tonnes...
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