-The Economic Times BANGALORE: It is one of the most expensive and ambitious projects in India's technology history connecting 2,50,000 gram panchayats in the country with a fibre optic network. It would need Rs 21,000 crore and as it is being planned now, the project needs exceptional project management, cutting-edge technology, and close coordination between several government agencies. While the government is preparing to start the project in the next two months,...
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Prosecutor was helping key accused in 2G case, CBI says
-The Times of India In a stunning twist to the 2G case, an audio tape of a CBI senior public prosecutor purportedly advising a key accused on how to counter prosecution's charge has emerged, breathing fresh life into the mega-swindle and bringing fresh trouble for the government. The tape sent to the CBI anonymously has the agency's senior public prosecutor A K Singh speaking to Sanjay Chandra, MD of Unitech and...
More »Black money could account for 10% of GDP: Study -Pradeep Thakur
-The Times of India A study commissioned by the government last year on quantifying black money generated in the country has estimated that the illicit wealth is likely to exceed 10% of GDP or anywhere above Rs 10 lakh crore, given the size of the economy. The 1,000-page report was submitted to the finance ministry by the National Institute of Public Finance and Policy (NIPFP) in the last week of December. The...
More »Prof. Jagdish Bhagwati, noted Economist and and Columbia University professor interviewed by Shaili Chopra
-Tehelka Edited Excerpts From An Interview NOTED ECONOMIST and Columbia University Professor Jagdish Bhagwati’s pro-free trade stance is well-known. A friend of the prime minister and his batch mate from Cambridge University, Professor Bhagwati feels the UPA’s departure from the stagnation of the past few years is a welcome change, and lauds the decision to allow FDI in multi-brand retail. In an interview to TEHELKA Business Editor Shaili Chopra, Bhagwati says more...
More »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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