-The Hindu Since 2005-06, taxes and duties for the corporate world and the rich have been written off at the rate of Rs.7 million a minute on average. Duties waived on gold and diamonds in the last 36 months equal the 2G scam amount Forbes has just added an “errata” to Union Finance Minister P. Chidambaram’s budget speech. The Minister had found a mere 42,800 people in the country with a taxable...
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A Tale of Two Elections-Prasenjit Bose
-Pragoti The magnificent victory of the CPI(M)-led Left Front in Tripura - winning 50 out of the 60 seats – and the success of the LF candidate in the Nalhati by-election in West Bengal has been interpreted as a “re-emergence” of the Left parties by a senior CPI(M) leader. This does not seem to be a rigorous assessment. While the fifth consecutive win by the LF in Tripura is a matter of...
More »CAG report on mining submitted to Chhattisgarh government-Suvojit Bagchi
-The Hindu Raipur: The Comptroller and Auditor-General (CAG) has completed the process of handing over four audit reports to the Chhattisgarh government. The first report was submitted on March 5 and the last on Monday, said a press release from the office of the Accountant-General (Audit) here. The CAG’s report on commercial mining of coal blocks in Chhattisgarh last year indicated that the former BJP president, Nitin Gadkari’s close aide, Ajay Sancheti, had...
More »Brinda demands independent probe-Sarabjit Pandher
-The Hindu Communist Party of India (Marxist) Polit Bureau member Brinda Karat on Wednesday demanded an independent inquiry into the Comptroller and Auditor General (CAG) report, which has pointed out serious lapses and wrongdoings in the Rs. 52,000-crore farm debt waiver scheme. Ms. Karat was talking to journalists at the party office here, before resuming her programme of “Sangharsh Sandesh Jatha,” which began from Jallianwala Bagh in Amritsar on March 4. She said...
More »Budget ‘pro-rich’, say NAC members-Ruhi Tewari
-The Indian Express Even as Finance Minister P Chidambaram’s Union Budget for 2013-14 is being touted as a ‘balanced’ budget, members of the Congress president Sonia Gandhi-led National Advisory Council (NAC) have criticised it for not having done enough for the social sector. They feel the budget, which comes just ahead of the Lok Sabha elections due next year, falls short on delivering to the less advantaged groups and is relatively...
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