Representatives of Swan Telecom, Reliance, Airtel and Unitech also told to appear before it The Public Accounts Committee (PAC), headed by Murli Manohar Joshi, has summoned corporate lobbyist Niira Radia and Tata Group Chairman Ratan Tata for questioning on April 4 on purported irregularities in the grant of telecom licences. The PAC has also asked representatives of Swan Telecom, Reliance, Airtel and Unitech to appear before it. A Tata spokesperson said Mr....
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Growth as tool to alleviate poverty
The Prime Minister's focus on double-digit growth is not due to any ‘growth mania'. It is for the benefit of the poor. At a recent function for police officers, the Prime Minister observed: “If we don't control Naxalism, we have to say goodbye to our country's ambition to sustain a growth rate of 10 to 11 per cent per annum.” Some commentators (like Prof Prabhat Patnaik of JNU) interpret this (in a...
More »Co-op banks must reach out to more farmers: MP
Stating that about 70% of the farming community in the country is still out of the reach of banks, MP Pralhad Joshi said co-operative banks should try to bring more farmers under the banking network, thereby giving a boost to the agricultural sector. Speaking at the 75th anniversary celebrations of Hubli Primary Co-Operative Agriculture and Rural Development Bank here on Sunday, he said whatever financial facility the government is extending towards...
More »India’s Nuclear Neros by Praful Bidwai
The colossal hubris, ignorance and smugness of India’s nuclear czars take one’s breath away. The day Japan’s crisis took a decisive turn for the worse, with an explosion in a third Fukushima reactor and fresh radiation leaks, Department of Atomic Energy (DAE) secretary Sreekumar Banerjee declared that the nuclear crisis “was purely a chemical reaction and not a nuclear emergency as described by some section(s) of media”. Nuclear Power Corporation...
More »Devil In The Retail by Lola Nayar
By all indications, FDI in multi-brand retail is a fait accompli. Or so we have been told time and again by everyone, the PM downward. The “question is at what point of time it should be done”. This remark from Pranab Mukherjee in a post-budget TV interview may have revealed that the debate has moved beyond whether to permit FDI in multi-brand retailing—the lifeline of small- and medium-sized neighbourhood stores....
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