-Live Mint High on hype, the budget speech of the Union finance minister today is merely a statement of account. As India’s economy diversifies—with the private sector playing an increasingly important role—this annual feature has assumed much lower salience. Not only have fiscal policies lost the space they enjoyed in earlier years, even major policy announcements are restricted to being mere statements of account. Examples from other arenas include “activism” on...
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Pulses scam: Babus unable to explain Rs 1,200cr loss
-The Times of India The government has been unable to explain why public sector firms imported pulses at a loss of 21%-30% a year from 2006 to 2011 adding up to Rs 1,200 crore, while private importers did not appear to have suffered such a misfortune. Questioned by Parliament's Public Accounts Committee about the " pulses scam" revealed in a Comptroller and Auditor General report, senior commerce and consumer affairs officials has...
More »Land scam: Lokayukta Police file FIR against Yeddyurappa
-The Indian Express The Lokayukta police today filed an FIR against former Karnataka Chief Minister B S Yeddyurappa in connection with an alleged case of cheating in a land allotment scam. A case of cheating and criminal conspiracy has been registered against him in the Karnataka Housing Board (KHB) sites allotment scam, Lokayukta police sources said. FIR was filed against the senior BJP leader under sections 420 (Cheating), 120 (b) (Criminal conspiracy) and...
More »NRHM scam: CBI raids residences of UP health officials
-The Indian Express The CBI on Saturday carried out fresh searches across 23 locations in Uttar Pradesh in connection with the National Rural Health Mission (NRHM) scam. The searches are being carried out across 12 districts including Lucknow, Kanpur, Varanasi, Meerut, Jhansi at the residences of health department officials of the state, who had held the posts of Chief Medical Officers (CMO) and Deputy CMOs, CBI sources said. The agency had yesterday registered...
More »Street lighting case: City court to frame charges against six by Jayant Sriram
A Delhi court will frame charges on March 1 against six persons, including four MCD officials, for their alleged role in the Commonwealth Games (CWG) street lighting scam. One of the 10 Games-related scams being probed by the CBI, it caused a loss of about Rs 1.5 crore to the government. In an order issued on Friday, Special CBI Judge Pradeep Chadha said that prima facie, a case was made out...
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