Friday, March 14, 2014

Inefficiency of the highest order in delivery system!

Government spends Rs 3.65 to deliver food worth Re 1. Why should citizens pay for such ineffiencey of the government? Aggregate central subsidies in 2012-13 on items as varied as food and bank loans to farmers totaled to Rs 2.57 trillion. After adding to this subsidies bill the spending on many of the Manmohan Singh government's pet projects such as those concerning education and sanitation, final tally runs into more than another trillion rupees. Despite this scale of spending there has been little effort to measure its impact. It's only recently that an attempt has been made to measure the effectiveness of all this immoderate outlay by establishing an Independent Evaluation Office (IEO). [TOI, Chennai, Feb.28, 2014] +++++++++++++++++++++++++++++++++++++++++++++++++++

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