-The Indian Express An intriguing paradox of contemporary Indian politics has been insufficiently noted: corporate India finances India’s elections, substantially if not wholly, but it is unable to determine election outcomes. Money matters, but it is not always electorally decisive. The recent Uttar Pradesh elections provide the clearest illustration of this proposition. As is well known, the Congress, BJP and BSP were all better financed than the SP which, especially after the...
More »SEARCH RESULT
Total Matching Records found : 978
Tax officials stumble upon a list of names from another Swiss bank; unlikely to ‘nab’ all account holders-Sugata Ghosh
-The Economic Times The last time the taxman went after those with Swiss bank accounts, many said they had no clue how their names cropped up; quite a few escaped saying that they were non-residents, some simply ignored the missives, and only a few broke down and confessed. And there were the hard nuts who, without losing their equanimity, thought through the situation, invited their accountants and lawyers over for dinner, and...
More »Orissa: CAG finds ghost workers, bungling in NREGS-Debabrata Mohanty
Bhubaneswar : A year after the CBI probed into the irregularities across six districts of Orissa, a special performance audit of the implementation of the NREGS programme by the Comptroller and Auditor General has found misappropriation of funds through ghost workers, uneconomic execution of the works, delay in payment, and irregular maintenance of records still plaguing the scheme. The Supreme Court last year ordered a CBI probe following a writ petition...
More »Petrol cheaper by Rs. 2.46, price may be slashed further
-The Hindustan Times Following a steep fall in global crude oil prices, the oil marketing companies have slashed petrol prices by Rs. 2.46 to Rs. 3.22 a litre — the second reduction this month — from Thursday midnight. Now, petrol in Delhi will cost Rs. 67.78 a litre — down by Rs. 2.46 — from Rs. 70.24 a litre. In Mumbai, the price will come down by Rs. 3.10 to Rs. 73.35...
More »Complex system of patronage, corruption blunts India’s efforts to help the poor out of poverty-Minhaz Merchant
-The Economic Times The Rae Bareli seat in Uttar Pradesh has been a Gandhi family bastion since 1967 when Indira Gandhi first stood for election from there. Sonia Gandhi adopted the constituency in 2004 and was re-elected with a huge majority in 2009. It should, therefore, be one of India's most developed districts. Right? Wrong. The Hunger and Malnutrition, or HUNGaMA, survey, released by the Prime Minister earlier this year, was...
More »
