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'Make In India' yet to spur manufacturing, says panel

-The Hindu Parliamentary committee airs concerns over poor growth The Parliament’s Standing Committee on Commerce has questioned the country’s low manufacturing growth despite initiatives such as Make In India, Startup India and FDI reforms that are now more than two years old. The committee, led by BJP MP Bhupender Yadav, had expressed concerns about manufacturing growth averaging just 1.6% in the five years till 2015-16 and a 0.5% contraction in the sector in...

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Arvind Panagariya raised red flags, couldn't stop power centres within -Pranav Mukul & Sunny Verma

-The Indian Express In January, Arvind Panagariya had raised the first red flag on the possibility of taxpayers being harassed post-demonetisation and had reportedly written to the Prime Minister’s Office. Under Arvind Panagariya, the Niti Aayog piloted several reforms ideas in both economic and social spheres, but the sudden departure of its vice-chairman has put under the spotlight the numerous occasions when difference of opinions between the think-tank and other wings of...

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SC Imposes 100% Penalty on Odisha's Illegal Mining -Jayajit Dash

-TheWire.in Mining companies on the hook include Tata Steel, Essel Mining & Industries Ltd, Indrani Patnaik, Rungta Mines, Serajuddin & Company and even state-run entities like Odisha Mining Corporation. Bhubaneswar: Dealing a body blow to the mining companies that unlawfully raised huge quantities of iron ore and manganese ore, the Supreme Court on Wednesday called for the recovery of 100% compensation in lieu of the excess ore lifted. Disposing of a writ petition...

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Rajasthan High Court issues notice to state government, ACB over 600 crore benefit to Vedanta -Mahim Pratap Singh

-The Indian Express An official ACB probe had revealed that IAS officer Ashok Singhvi had allegedly benefitted Hindustan Zinc Ltd, a subsidiary of Vedanta-owned Sterlite industries Jaipur: The Rajasthan High Court on Tuesday issued notices to the state government and the Anti-Corruption Bureau (ACB) over alleged inaction in a 600-crore scam probe involving multinational mining giant Vedanta Resources. Justice V K Vyas issued the notices to the ACB and the state home...

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SC advice on corruption

-The Telegraph New Delhi: The Supreme Court today asked the government to be "unrelenting, stern and uncompromising" against corruption to realise the benefits of liberalisation and welfare measures, and urged the public to "rise against bribery and corruption". The bench of Justices Kurian Joseph and R. Banumathi also upheld the conviction of former IAS officer Neera Yadav under the Prevention of Corruption Act. "This is the area where the government needs to be...

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