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Not a grain of sense

-The Business Standard   The new Bill will set back the cause of food security - while wrecking central finances. The Food Security Bill cleared by the Union Cabinet for introduction in Parliament seems irrational and impractical by parts. It seeks to provide a statutory right to highly-subsidised food for 75 per cent of the rural population, with 46 per cent in the “priority” category, or below the poverty line (BPL); and to...

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How to use the existing RTI Act of India to query the private sector by Veeresh Malik

Chances of a single answer to two opposing questions on the RTI Act means there is something to it which the rule-books don’t tell you about—but you can bowl googlies to them, too, when the system expects you to hold a straight bat to their bouncers Here is a single answer to two diametrically opposite questions—“Yes, you can file an application under the Right to Information Act of India 2005 (RTI...

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Black money trail: Govt may move against HSBC, Rs 80 cr mopped up by Ritu Sarin

The Government is contemplating legal action against HSBC Bank for what is being described as the “active’’ role of their executives in persuading Indian account-holders to open accounts to park undeclared money in their branch in Geneva. The Central Board of Direct Taxes (CBDT) has sought the opinion of the Law Ministry for this and underlined that a similar course of action has been taken by other countries who, like India,...

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Bootleg liquor kills 143 people in West Bengal

-Associated Press   Bootleg liquor containing toxic methanol killed 143 people and sickened dozens more who drank the cheap, illicit brew bought at small shops in West Bengal, officials said Thursday. Police arrested 10 suspected bootleggers. Emergency medical teams rushed to the village outside Kolkata, and thousands of relatives, many of them wailing in grief, gathered outside the packed hospital. Inside, dead bodies lay on the floor covered in quilts, while the ill...

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Black money debate: Government agrees to bring white paper

-The Economic Times Finance minister Pranab Mukherjee has said he had directed three institutions - NIPFP, NIFM and NCAER - to come out with a defendable assessment of the quantum of black money stashed away by Indians in foreign banks. Replying to the discussion on the adjournment motion moved in the House by BJP veteran LK Advani on "the situation arising out black money deposited illegally in foreign banks", Mukherjee declared...

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