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Making India Inc. accountable -Vidya Venkat

-The Hindu It is not the responsibility of the government alone to act in order to curb corruption; corporate firms need to be proactive as well in checking fraudulent financial practices The Winter Session of Parliament witnessed a noisy debate on the black money controversy. Governments of all hues have disappointed the Indian janata on the issue of black money and the failure is often associated with a perceived nexus between politicians...

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Rs 83,000 crore revenue lost on SEZs in 6 years -Pradeep Thakur

-The Times of India NEW DELHI: More than 50% of land allotted to special economic zones (SEZs) across the country remains idle, and its very purpose was defeated with no significant increase in employment even as the government's revenue foregone was to the tune of Rs 83,000 crore between 2007 and 2013, the comptroller and auditor general (CAG) has found. Exposing systemic weaknesses in tax administration, a performance audit on SEZs by...

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No ordinance to amend land acquisition law, law minister Sadananda Gowda says

-The Times of India NEW DELHI: Law minister Sadananda Gowda on Wednesday ruled out taking the ordinance route for any amendments in the Land Acquisition Act though he said the government was in favour of bringing some changes. "There is a proposal. The call has to be taken by the concerned (rural development) ministry," he said, without elaborating on the proposed changes. Finance minister Arun Jaitley had last week said the government will...

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Officials reluctant to declare assets, DoPT backs them -Maneesh Chhibber

-The Indian Express   The NDA government's move to amend the Lokpal and Lokayuktas Act, 2013 in the coming Winter Session of Parliament has run into rough weather following differences between various government departments over whether government servants and their family members should declare their assets, and whether such information should be made public or not. The Department of Personnel and Training (DoPT) is learnt to have sided with the bureaucracy in...

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Govt may bring changes to land act in Winter Session of Parliament -Kumar Uttam

-The Hindustan Times To kick-start stalled development projects and remove investment bottlenecks, the government is expected to make changes to the land acquisition act during the winter session that opens on November 24. Dilution of the consent clause, restricting social impact assessment to large projects and giving states the powers to define "emergency" under "urgency clause" for acquiring land are some of the major amendments -- demanded by various states -- that...

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