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Nod for 26% FDI in pension funds by Remya Nair

The govt has thus rejected the recommendation of the parliamentary standing committee on finance that the 26% FDI cap be a part of the Bill The cabinet on Wednesday cleared amendments to the Pension Fund Regulatory and Development Authority Bill, 2011, capping the overseas investment limit in the sector at 26%, but retaining the flexibility to raise this limit by stating that it would not form a part of the legislation. The...

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A stronger Lokayukta in Bihar, with new wings and right to seize by Santosh Singh

-The Indian Express   Bihar is ready with the draft for a new Lokayukta Bill, which it plans to finalise by November 26 before getting it passed in the winter session of the Assembly. It is the second state, after Uttarakhand, to have prepared or reworked its Lokayukta laws before the Centre haspassed a Lokpal Bill. Unlike the Bihar Lokayukta Act, 1973, the new law will BRIng the chief minister under the Lokayukta’s...

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Justice Markandey Katju clarifies

-The Hindu   Justice Markandey Katju, Chairman, Press Council of India, has issued the following clarification on his critical observations of the Indian media.   I have expressed my views relating to the media in several T.V. interviews I gave as well as in my articles in some newspapers. However, many people, including many media people, wanted clarification and amplification of some of the issues I had raised. Many media people (including several T.V. channels)...

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Manipur government has to wrest authority back from armed thugs by Abheek Barman

Here in Delhi, you can buy a litre of petrol for a little less than Rs 69. A cylinder of cooking gas costsRs 405. But there's one state capital where petrol costs Rs 200 a litre and gas a staggeringRs 2,000 a cylinder. That city is Imphal, the capital of our easternmost state, Manipur. Since August 1, the state has been hostage to a withering siege: a blockage of two...

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Father Cedric Prakash, human rights and peace activist interviewed by Radhika Ramaseshan

Father Cedric Prakash is a human rights and peace activist based in Ahmedabad. He has campaigned for the justice of the victims of the 2002 communal violence on peril of being publicly branded as “non-Gujarati and non-Hindu” by chief minister Narendra Modi. A resident of Gujarat for nearly 40 years, Prakash is the founding director of Prashant, a centre for human rights, peace and justice. He was named Chevalier of the...

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