Close associates and friends fondly remembered Gandhian social activist L.C. Jain at a prayer meeting held in his memory at the Gandhi Peace Foundation (GPC) here . The former High Commissioner and former Member of the Planning Commission passed away on Sunday after an illness. Separately the Planning Commission passed a resolution at a condolence meeting chaired by Deputy Chairman Montek Singh Ahluwalia recalling Mr. Jain's extraordinary services to the nation....
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Illegal financial flows: the great drain robbery by P Sainath
India has lost nearly a half-trillion dollars in illegal financial flows out of the country, says a new study by Global Financial Integrity. India is losing nearly Rs.240 crore every 24 hours, on average, in illegal financial flows out of the country. The nation lost $213 billion (roughly Rs.9.7 lakh crore) in illegal capital flight between 1948 and 2008. However, over $125 billion (Rs.5.7 lakh crore) of that was lost in...
More »PM hints CAG be permitted to go into PPP accounts
Indicating the official auditor CAG be permitted to look into the books of public-private partnership (PPP) projects, Prime Minister Manmohan Singh today underscored the need to ensure transparency in these infrastructure schemes. "CAG will play a leading role in ensuring that these new initiatives (PPP) deliver as intended," the Prime Minister said at a function to mark the 150 years of Comptroller and Auditor General of India. "There is a need to...
More »Farmer displacement will increase poverty by PSM Rao
Some people feel agriculture in India provides employment much beyond its capacity — that is, the number of people working on the farm is many times the actual requirement. Prime Minister Manmohan Singh is among the proponents of this view. In his interaction with a group of editors last month, Singh said, “The only way we can raise our heads above poverty is for more people to be taken out of...
More »ICMR panel to study effects of Endosulfan by J Balaji
Pesticide issue finds its echo in the Lok Sabha Even as the Endosulfan issue rocking Kerala found its echo in the Lok Sabha on Monday, the Indian Council of Medical Research (ICMR) constituted a committee to study the pesticide's effects in Kasaragod district. ICMR Director-General Vishwamohan Kattoch will head the 10-member committee. It will have various subject experts, including public health workers, as its members. The committee will visit Kerala within a...
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