-Outlook Chennai: Attempting to capitalise on 300 clear sunny days available in the state annually, Tamil Nadu government today unveiled a new solar energy policy, envisaging to produce over 3000 MW of power, exclusively from solar power, in the next three years. Christened as 'Tamil Nadu Solar Energy Policy 2012,' the new initiative of the Jayalalithaa government, with a slew of encouraging features, finds opportunity in the rapidly declining solar power costs...
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Election Commission seeks probe into FCRA 'violation' by Congress, BJP
-The Times of India The Election Commission (EC) has asked the Union home ministry to probe the alleged violation of the Foreign Contribution Regulation Act (FCRA) by both the Congress and the BJP by receiving donations of about Rs 5 crore each from Vedanta Group subsidiaries — Sterlite Industries and Sesa Goa. Nirvachan Sadan sources told TOI that the Representation of People Act (RPA) debarred political parties from receiving contribution for a...
More »For richer, for poorer-Zanny Minton Beddoes
-The Economist Growing inequality is one of the biggest social, economic and political challenges of our time. But it is not inevitable, says Zanny Minton Beddoes IN 1889, AT the height of America’s first Gilded Age, George Vanderbilt II, grandson of the original railway magnate, set out to build a country estate in the Blue Ridge mountains of North Carolina. He hired the most prominent architect of the time, toured the chateaux...
More »Grass-root politics, down in the weeds -Ruchi Gupta
-The Hindu India Against Corruption should realise the ‘aam aadmi’ needs not only decentralised power but also a lofty vision There are two underlying themes of India Against Corruption’s new party: the induction of good people and “people’s power” through consummate decentralisation. The vision document sets out a quest for “swaraj,” people’s right to self-determination. This ideal of self-determination has been conflated with direct democracy. Thus the vision document indicates that “as...
More »Vadra: 'A little help from my friends'
-The Business Standard If Mr Vadra had to count his friends in the real estate business, they would be Corporation Bank, the Haryana government and DLF Robert Vadra, who is at the centre of a controversy over his property dealings with realty giant DLF and others, began investing in real estate five years ago, in 2007-08. He was already a wealthy man by then, not a struggling businessman who could scrape only...
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