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2G scam: JPC clears Manmohan Singh, Chidambaram; pins Rs 40,000 crore loss on NDA

-The Times of India Prime Minister Manmohan Singh has been given a clean chit by the Joint Parliamentary Committee on telecom which rubbished CAG's Rs 1.76 lakh crore loss calculations in the 2G scam but slammed the Vajpayee government for Rs 40,080 crore loss due to a policy shift in 1999. The committee - headed by Congress MP P C Chacko - in its draft report pinned the 2G blame on former...

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Government hints at broadcasting reform agenda- Shuchi Bansal

-Live Mint I&B minister raises prospect of independent broadcasting authority, says govt may be forced to set up ratings system Information and broadcasting (I&B) minister Manish Tewari on Friday raised the prospect of an independent broadcasting authority and said the government may be forced to set up a ratings system unless the industry took steps to put in place a credible method of ranking television programmes, in a series of statements that...

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When innovation is under threat-Swati Piramal

-The Financial Express A patent law that is transparent, based on principles of good science & encourages innovation is in India's interest In 500 BC, in the Greek city of Sybaris, it was proclaimed that "encouragement was held out to all who should discover any new refinement in luxury, the profits arising from which were secured to the inventor by patent for the space of a year." England followed with the Statute...

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Sibal takes on judges, says let the court allocate spectrum, explain its orders -Maneesh Chhibber

-The Indian Express On a day when the UPA government’s renewed effort to attract bids from telecom companies for the ensuing auction of 1,800 Mhz and 900 Mhz spectrum drew a blank, Union Minister for Communications and Information Technology Kapil Sibal said that “if the court were to take upon itself the responsibility of allocating spectrum in the public interest, in whichever manner it deems fit, it may serve us better”. With...

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Will budget offer a remedy for the creaking infrastructure? -Sujay Mehdudia

-The Hindu India’s infrastructure is bursting at the seams, unable to cope with the pressure from the growing economy. Developing the sector will help to create jobs and result in higher economic growth The Gross Domestic Product (GDP) is likely to grow 5.5 per cent and the economic slowdown shows no sign of halting. India’s infrastructure is bursting at the seams, unable to cope with the pressure from the growing economy. Spurring...

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