In further embarrassment to former Chief Justice of India KG Balakrishnan, Income Tax authorities on Saturday said they have unearthed black money in possession of three of his relatives during their investigation into allegations of amassment of wealth by them. "As far as Justice Balakrishnan is concerned, I cannot say anything. But as far as his relatives-- two sons-in-law and brother are concerned, we have found there is black money", director...
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How not to tackle the black economy in India by Arun Kumar
Technically, we know how to check the black economy but the problem is political. More studies or committees and treaties with foreign governments are only to stall action. Another Joint Parliamentary Committee has been announced. The government has been trying to create an impression of being proactive with regard to tackling the black economy. The President's address and the speech by Sonia Gandhi in January mentioned the need to curb it....
More »Anybody found guilty in CWG will not be spared: PM
Prime Minister Manmohan Singh in a strong sounding speech in Parliament on Thursday said that "if there is a scam it must be dealt with the law of the land. Law of the land must punish the wrong doers". "Unfortunate developments have taken place in the areas of telecom and Commonwealth Games. I assure the House there is nothing we will not do to clean our public life," Manmohan Singh said. "Our...
More »Govt raises poll expenditure limit
In an attempt to deal with the use of black money in elections, the maximum poll expenditure for parliamentary constituencies has been increased to Rs 40 lakh and to Rs 16 lakh for assembly constituencies. Expenditure limit varies according to the size of states. On Wednesday, law ministry issued a notification amending the Conduct of Election Rules. At present, in big states, the upper spending limit in parliamentary constituency is Rs...
More »Hard questions about soft questions by P Sainath
There was in fact a successful auction of spectrum — only it was not conducted by the government but by its corporate sector cronies who made a fortune on the deal. On one pronouncement of his, you have to agree with Prime Minister Manmohan Singh. His is not a ‘lame-duck government.' Cooked goose seems the more appropriate soubriquet. However, not a single new scam worth over Rs. 1 lakh crore has...
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