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The property of black money

-The Hindu   Since the time of Dadabhai Naoroji, Indians have always been captivated by the idea that our national wealth is slowly being drained abroad. That is why the Supreme Court's decision to set up a Special Investigation Team to ensure the return of money stashed abroad will be widely welcomed. What happens to the ill-gotten gains stashed at home, however, is anybody's guess. Black money is generated by the...

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Most farmers will not give up land for Posco by Manu Aiyappa

The groundswell of public opinion is firmly against South Korean steelmaker Posco. Of the 536 farmers whose lands are to be acquired for the proposed Rs 32,000-crore integrated steel plant, 365 have said a clear 'no' . Just 25 farmers have agreed to hand over land provided they are paid a compensation of Rs 25 lakh per acre. The proposed compensation could be between Rs 4 lakh and Rs 8...

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Court notice to government on CBI exemption from RTI

-IANS   The Delhi High Court on Wednesday issued notice to the central government on a public suit filed against the decision to exempt theCBI and the NIA from the purview of the RTI Act, the country's transparency law. A division bench of chief justice Dipak Mishra and justice Sanjeev Khanna issued notice to the central government, the Central Bureau of Investigation (CBI), the National Investigation Agency (NIA), the home and law...

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POSCO: take land but give life by Sunita Narain

The sight on television was heartbreaking: children lying in rows in the searing sun to be human shields against the takeover of their land for Korean giant POSCO’s mega bucks project. Facing them were armed police sent by the state government to assist in the operation. The steel plant and port project, located in a coastal district of Odisha, has been in a six-year-long eyeball-to-eyeball battle with people whose land will...

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Supreme Court appoints Special Investigation Team to probe black money issue

-PTI   The Supreme Court on Monday appointed a high-level Special Investigation Team (SIT) headed by former apex court judge B P Jeevan Reddy to monitor the investigation and the steps being taken to bring back black money stashed away in foreign banks. Besides Justice Reddy, who will be the chairman of the SIT, the apex court also appointed its former judge, Justice M B Shah as the vice-chairman of the panel. A bench...

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