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Indian Express-ICIJ probe: Vijay Mallya, Ravikant Ruia in tax havens -Ritu Sarin

-The Indian Express The 612 Indians on the list of those who have invested in tax havens such as the British Virgin Islands include two MPs, a former royal and top industrialists. RITU SARIN puts together details of 20 among them SONU LALCHAND MIRCHANDANI Mirchandani is the founder of popular consumer electronics firm Onida. Mirchandani and his wife, Soni, opened a BVI company called Strong Wing Overseas Ltd in 2006 with an authorised...

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Petition demands delinking LPG subsidy and Aadhaar

-PTI Hyderabad: Andhra Pradesh High Court today issued notices to the state government and the oil companies, seeking replies within a week to a petition challenging the decision to link domestic LPG connections with Aadhaar card. The order was passed by the division bench of Chief Justice Pinaki Chandra Ghose and Justice Vilas V Afzalpurkar. Petitioner G Bala Goud had earlier wanted the court to direct the authorities not to impose the a...

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Business by other means -Ajoy Ashirwad Mahaprashasta

-Frontine Walmart’s disclosure that it spent huge amounts of money on lobbying in India and the allegation that it entered the retail sector through indirect means highlight the power of global capital in dictating the country’s policies. The world’s largest multi-brand retailer Walmart’s disclosure to the United States Senate that it had spent $25 million (Rs.135 crore) since 2008 on its various lobbying activities, which include enhancing access to the Indian...

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The Case for Direct Cash Transfers to the Poor-Arvind Subramanian, Devesh Kapur and Partha Mukhopadhyay

The total expenditure on central schemes for the poor and on the major subsidies exceeds the states' share of central taxes. These schemes are chronic bad performers due to a culture of immunity in public administration and weakened local governments. Arguing that the poor should be trusted to use these resources better than the state, a radical redirection with substantial direct transfers to individuals and complementary decentralisation to local governments...

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Land grab by MNCs in Africa cause for concern: experts -Gargi Parsai

-The Hindu ‘Governments must protect interest of producer, consumer’ The controversy regarding India’s permission to allow foreign direct investment in multi-brand retail and growing “land grab” in Africa by multinational corporations are being closely watched globally by agriculture experts, researchers and donors. At a workshop here on ‘Supporting Policy Research to Inform Agricultural Policy in Sub-Saharan Africa and South Asia’ — which a few journalists from both regions were invited to attend —...

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