-The Hindu The Election Commission on Friday adjourned till November 11 the hearing on the complaint that Singhbhum MP and former Jharkhand Chief Minister Madhu Koda did not file his election expenditure account properly. There is also an allegation that he encouraged “paid news” during the 2009 Lok Sabha poll. Interestingly, one TV channel was paid Rs.1.25 crore to telecast news in his favour, according to an Income-Tax department report. The full...
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SFIO to have powers to prosecute companies by Devesh Kumar
The Serious Fraud Investigation Office (SFIO) will have powers to investigate and prosecute corporate entities under the Companies Bill, 2011, expected to be cleared by the Union Cabinet before Diwali. The bill also envisages rotation of company auditors for higher accountability, corporate social responsibility, a more effective regulation of related party transactions and stricter provisions to prevent siphoning of funds through subsidiary and associate companies. The government expects the bill to modernise,...
More »‘Long-term trends in agriculture deeply disturbing'
-The Hindu Noted Jaipur-based economist V. S. Vyas has expressed concern over “progressive diminution” of cultivated holdings which he says has led to stagnation in the yield of major crops and rendered agricultural income insufficient for farmers to make ends meet. A sharp decline was also being witnessed in per capita food production, he said. Delivering the Tarlok Singh Memorial Lecture at the University of Hyderabad over the weekend, Professor Vyas said...
More »'Credibility Of The Government Is At Its Lowest' by Vinod Rai
Full text of the speech delivered by the Comptroller and Auditor General to young police officers at the Sardar Vallabhbhai Patel National Police Academy in Hyderabad on October 11, 2011. I am happy to be present today at this premiere training institution to address a group of young officers at the threshold of their careers, as well as senior officers occupying responsible positions in the State Police forces. In a world...
More »Stopping the loot
-The Hindu A robust new law to regulate mining in India is overdue. The proposed Mines and Minerals (Development and Regulation) Bill, 2011 is the central government's response to a full-blown crisis in the sector. There are several serious issues that the legislation promises to address, such as sharing of profits with project-affected people, environmental sustainability, competitive bidding to improve returns to States, and transparency in grant of permits. A major...
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