Vivek Rae committee highlighted the deficiencies that persist even today: Fragmented authority, weak accountability, and the absence of dedicated acquisition cadres.
New CPI series will take 2024 as base year, will provide more accurate measure of inflation, spending on digital services. Expected to enhance representation and reliability, says Saurabh Garg.
In a chat with ThePrint newsroom, French Ambassador Thierry Mathou indicated talks are on between French firm Safran & Indian govt for joint design & manufacture of AMCA engine.
On 21 Oct, a buzz went up that the govt had released full list of gallantry award recipients along with Op Sindoor citations. I put an AI caddy on the job. It took me into a never-ending rabbit hole.
The world has changed, making Henry Morgenthau’s vision more practical. It is trade rather than aid which has helped lift people out of poverty, most of all in Asia. Infrastructure projects – like Delhi’s Metro – are not always profitable. The developing world’s needs cannot be fully met by market forces. There is a gap in viability. Perhaps the World Bank and similar institutions, with funding support from the developed countries, can blend profit with public purpose and meet huge requirements. The pool of poor countries that require concessional funding directly from the World Bank is now fortunately quite small.
The world has changed, making Henry Morgenthau’s vision more practical. It is trade rather than aid which has helped lift people out of poverty, most of all in Asia. Infrastructure projects – like Delhi’s Metro – are not always profitable. The developing world’s needs cannot be fully met by market forces. There is a gap in viability. Perhaps the World Bank and similar institutions, with funding support from the developed countries, can blend profit with public purpose and meet huge requirements. The pool of poor countries that require concessional funding directly from the World Bank is now fortunately quite small.