PAC member N.K. Singh recuses himself from meetings to avoid conflict of interest Two editors, Vinod Mehta of Outlook and Manu Joseph of Open magazine, told the Public Accounts Committee of Parliament on Monday it was their journalistic duty to place in the public domain the transcripts of tapped conversations between corporate lobbyist Niira Radia and others which had a direct bearing on the 2G spectrum allocation scandal. After the meeting, PAC...
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Funds for social schemes seem to be vanishing
In his general budget for 2011-12, finance minister Pranab Mukherjee has announced an increase in allocation for the Mahatama Gandhi National Rural Employment Guarantee Act (NREGA) of Rs10,000 crore to Rs58,000 crore.The finance minister has proposed an identical hike for the Bharat Nirman scheme, and also proposed to give Rs3000 core to the national agricultural development board, NABARD.Mukherjee also said the government has decided to index the wage rates notified...
More »Subbarao deposes before PAC by Neena Vyas
Reserve Bank of India Governor D. Subbarao on Thursday deposed before the Public Accounts Committee (PAC), which is looking into the Comptroller and Auditor General (CAG) report on the 2G spectrum allocation scandal. PAC chairman Murli Manohar Joshi said the committee had some questions to ask related to Dr. Subbarao's stint as Finance Secretary in 2007-08 just before he became RBI Governor. At a previous meeting of the PAC, another former...
More »Journalists in 2G tapes will face PAC: Joshi
Journalists, whose names have cropped up in the 2G scam tapes, will face the Public Accounts Committee, PAC chairman Murli Manohar Joshi has said. Joshi, in an interview to Aaj Tak, said, "Editors and senior journalists who have incriminated themselves in a way on the 2G scam tapes will be summoned by the PAC", Joshi said. He added that the telecom scam had caused huge losses to the exchequer and that if...
More »Sibal's comments improper: PAC by Neena Vyas
The Public Accounts Committee, chaired by senior Bharatiya Janata Party leader Murli Manohar Joshi, on Wednesday described Union Communications Minister Kapil Sibal's recent comments on the CAG report on 2G spectrum allocation as “improper” and “inappropriate.” The committee's comments came after BJP leader Arun Jaitley rubbished Mr. Sibal's remarks within a few hours of his press conference here. Privately, BJP leaders were talking about “breach of privilege,” though it was not...
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