The government's auditor has accused Mukesh Ambani's Reliance Industries Ltd of violating terms of the contract for its showcase Andhra offshore acreage and expressed doubt over the costs at which India's biggest private sector oil company contracted goods and services for bringing the largest gas discovery into production. The Comptroller and Auditor General's final report on a special audit of Reliance's Krishna-Godavari basin fields, presented to Parliament on Thursday, also suggests...
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Literacy vital for overcoming poverty and disease and reinforcing stability–UN
With nearly 800 million people unable to read or write, the United Nations today marked International Literacy Day with a warning that illiteracy undermines efforts to eliminate a host of social ills such as poverty and sickness and threatens the very stability of nations. “The costs are enormous,” Secretary-General Ban Ki-moon said in a message. “Illiteracy exacerbates cycles of poverty, ill-health and deprivation. It weakens communities and undermines democratic processes through...
More »Draft land acquisition bill diluted to make it industry-friendly
-The Economic Times The government has defended its new land acquisition bill as industry-friendly, refuting criticism that provisions contained in the legislation were retrograde and would push up costs for state-run and private companies. Industry groups had slammed the new Land Acquisition, Rehabilitation and Resettlement Bill (LARR) 2011, cleared by the cabinet earlier this week and tabled in parliament on Wednesday, saying it was "burdensome" and "anti-development". But Rural Development Minister...
More »Many holes to fill in land bill by Surojit Gupta & Subodh Ghildiyal
The UPA government's land acquisition bill was expected to fill gaps in the archaic 1894 act and streamline the process of land acquisition and ensure fair compensation to farmers and landowners. But even before the bill is introduced in Parliament murmurs of dissent are being heard. The Land Acquisition Amendment Bill, piloted by rural development minister Jairam Ramesh, has drawn fire from critics for legitimizing purchase of vast tracts of land,...
More »Scanning 2.4 Billion Eyes, India Tries to Connect Poor to Growth by Lydia Polgreen
Ankaji Bhai Gangar, a 49-year-old subsistence farmer, stood in line in this remote village until, for the first time in his life, he squinted into the soft glow of a computer screen. His name, year of birth and address were recorded. A worker guided Mr. Gangar’s rough fingers to the glowing green surface of a scanner to record his fingerprints. He peered into an iris scanner shaped like binoculars that...
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