-The Times of India The government has said that it is ready to probe the Wal-Mart lobbying report. The government is also concerned about the disclosure and is open to an inquiry to know the truth, parliamentary affairs minister Kamal Nath told reporters outside Parliament on Tuesday. The BJP wants a time-bound judicial probe into the isues Earlier, the row resonated once again in the Parliament on Tuesday Leading to adjournment of both the...
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US defends Walmart lobbying
-PTI Amid controversy over reports that Walmart spent nearly Rs. 125 crore for lobbying with legislators to get access to the Indian market, the U.S. has said the global retail giant did not violate any American law as far as the matter is concerned. “On the U.S. side, I don’t have any reason to believe that we have a violation of U.S. law here. With regard to the Indian side, I’ll refer...
More »Delays in green clearance to mines in Jharkhand, Orissa may stoke Naxalism, Beni tells Jayanthi -Priyadarshi Siddhanta
-The Indian Express Steel minister Beni Prasad Verma has cautioned environment minister Jayanthi Natarajan against holding up clearances for SAIL’s iron ore mines in Orissa and Jharkhand, saying this would force the state-owned steel giant to scale down operations and could stoke Naxal activity in the tribal region. Verma’s November 30 missive to Natarajan comes close on the heels of SAIL’s top brass sounding the alarm on the delays in environmental clearance...
More »Chhattisgarh government paid TV channels for favourable news coverage, claims paper -Suvojit Bagchi
-The Hindu Absolutely nothing wrong in funding the channels in a transparent way, says official Raipur: Raman Singh’s BJP government “has paid for favourable news stories” and “regular live coverage” to a host of national and local television channels, an English language newspaper reported. Furthermore, the senior editors of the channels concerned allegedly wrote to the public relations (PR) department of the Chhattisgarh government “negotiating” rates to produce “news stories” and to ensure...
More »India’s employment elasticity almost zero-Manas Chakravarty
-Live Mint High growth hasn’t led to more jobs The years between 2004-05 and 2009-10 saw some of the highest rates of gross domestic product (GDP) growth for India. The problem, however, is that this high growth hasn’t led to more jobs. Employment elasticity—which is a measure of how employment varies with economic output—has come down dramatically. The Planning Commission says that employment elasticity has come down “from 0.44 in the first half...
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