“Government can no longer convince people its hands are clean” A former Union Revenue Secretary, E.A.S. Sarma, has accused the Prime Minister's Office (PMO) of turning a “blind eye” to his repeated warnings about “alleged irregularities” committed in auditing capital costs and allowing price and other concessions to the Mukesh Ambani-owned Reliance Industries Limited (RIL) in the KG basin and Cairn India in Rajasthan. In a letter addressed to Prime Minister Manmohan...
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Govt showed favour to private oil explorers: CAG draft report by Josy Joseph & Sanjay Dutta
The Comptroller and Auditor General (CAG) has said oil ministry and its regulatory arm for oil hunting companies, Directorate General of Hydrocarbons, showed favour to at least three explorers. The draft report, which is awaiting oil ministry's comments, has said that the ministry and DGH allowed Mukesh Ambani's Reliance Industries Ltd to violate terms of the contract with the government for its showcase Andhra offshore fields and increase its capital expenditure...
More »Who’s afraid of the Lokpal Bill? by Jagdeep S Chhokar
The proposed Jan Lokpal Bill has evoked strong reactions, a number of them emotionally charged. One is struck by the conflicting claims and counter-claims in the media. While it’s hard to determine the truth in such matters, a summary of some of the misgivings and the possible intentions, with an assessment of what possibly is the reality, follows: *The Lokpal is being dubbed as a Leviathan Fear: Being a much too powerful...
More »Sonia to launch rural livelihood mission
-The Deccan Herald The Congress-led UPA Government is all set to re-launch its flagship rural self-employment scheme as a national mission to reach out to all the rural Below Poverty Line (BPL) families and link them to sustainable livelihood opportunities. Congress president and UPA chairperson Sonia Gandhi will launch the National Rural Livelihoods Mission (NRLM) at Banswara in Rajasthan on Saturday. Rural Development Minister Vilas Rao Deshmukh said that the NRLM –...
More »Congress quizzes CAG on 2G loss
-The Times of India Congress members on the Joint Parliamentary Committee on telecom policy on Monday aggressively questioned the government's chief auditor Vinod Rai over his estimate that revenues losses in the 2G scam could be as high as Rs 1.76 lakh crore. In what came across as a strategy to knock down the 2G scam losses from the staggering figure computed by the Comptroller and Auditor General, Congress MPs wanted to...
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