-The Hindu A day after the Union Cabinet approved the Street Vendors (Protection of Livelihood & Regulation of Street Vending) Bill, 2012, the National Association of Street Vendors of India organised a meeting at Jantar Mantar on Saturday and hailed the decision with the hope that Parliament would now pass the Bill in its current session. Association national coordinator Arbind Singh said, “The struggle of street vendors has yielded result. We have...
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A watchdog that bites
-The Hindu One of the first principles that students of auditing are taught is that auditors are watchdogs and not bloodhounds. The Manmohan Singh government would have us believe, in the wake of the Comptroller and Auditor General of India’s reports first in the 2G case and now in the coal mining issue, that this basic principle is being violated by the incumbent CAG. Why should the CAG comment on the...
More »Seven-and-half years from an opaque to a transparent process for coal allocation
-The Hindu The Comptroller and Auditor-General’s report on the allocation of coal blocks, reviews how it took seven-and-half years to move the allocation procedure for captive coal blocks from a discretionary procedure to competitive bidding that was demonstrably transparent. It turns out that the process began within six weeks of UPA-I coming to power in 2004. Ironically, the amendment to the Mines and Minerals (Development and Regulation) (MMDR) Act rules for auction...
More »Judicial appointments & disappointments -VR Krishna Iyer
-The Hindu The Constitution of India operates in happy harmony with the instrumentalities of the executive and the legislature. But to be truly great, the judiciary exercising democratic power must enjoy independence of a high order. But independence could become dangerous and undemocratic unless there is a constitutional discipline with rules of good conduct and accountability: without these, the robes may prove arrogant. It is in this context that Chief Justice S.H....
More »10 facts on Rs 1.86 lakh crore 'Coalgate' loss
-Yahoo.com The Comptroller and Auditor General on Friday tabled three reports -- on power, coal and airports -- in Parliament, almost indicting the UPA government for allegedly 'causing' a loss of more than Rs 1.86 lakh crore to the exchequer. The report has also lambasted the government for favouring private companies who benefitted from such 'largesse', giving the opposition parties a lot of fodder to them to hit out at the government...
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