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A Study In Subsidies

A Study In Subsidies

India’s federal subsidy bill (as reflected in provision in the Central Budget) is approximately 2.2% of GDP, or Rs 143,867 crore ($32 bn) for 2009-10. This figure does not include…

Didi, Where Are The Numbers?

Didi, Where Are The Numbers?

The state of West Bengal has been facing a rough economic climate for several decades. The general feeling is that the new Chief Minister Mamata Banerjee (popularly called Didi or sister)…

India’s Middle Class Gets A Slap On The Face: A Rare Point Of View

India’s Middle Class Gets A Slap On The Face: A Rare Point Of View

A year ago, no one would have thought that Anna Hazare, a seemingly demure Gandhian from the state of Maharashtra could have kicked up a nationwide row over his insistence for…

No Small Government, This

No Small Government, This

It’s common in India for folks to clamour for Government jobs. You also keep hearing that Government is scaling down gradually. The figures don’t quite reflect that. Let’s look at…

Our Common Wealth

Our Common Wealth

Delhi won the right to conduct the 2010 Common Wealth Games (CWG) in November 2003. Work began in earnest after that, or so we all hoped. The Comptroller & Auditor…

The Rs 34,724 Crore Magic Wand

The Rs 34,724 Crore Magic Wand

Supplementary grants usually take care of all the expenditure that you couldn’t budget for in a Union Budget, the annual federal book keeping exercise. By definition, it’s the extra. We…

Auditing The Auditors

Auditing The Auditors

The Indian Accounts & Audit Service (IAAS) is a branch of the Indian civil services. Members of the IAAS who work for the Comptroller & Auditor General (CAG) can take…

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