As many as 17 top officials representing the senior bureaucracy are believed to have amassed or misappropriated nearly Rs 603 crore between 2007 and 2010. The Central Bureau of Investigation (CBI) has submitted a list of the officials under investigation to the parliamentary committee on assurances. The CBI says these officers had misappropriated funds from the exchequer and entered into criminal conspiracies by making huge illegal financial transactions. The CBI says it...
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Next: Supply Side of Corruption by Arun Duggal
Anna Hazare and the civil society won a crucial first battle in the war against corruption. There is a possibility that the Lokpal Bill could be passed by Parliament by August 15. However, that is by no means assured: a number of politicians, a part of section of political establishment and a section of bureaucracy will try to derail the Bill or dilute it so much that it is rendered...
More »Anti-labour union by TK Rajalakshmi
The UPA-II government introduces with BJP support two anti-labour Bills, the Pension Bill and the Labour Laws Amendment Bill. ON March 24, the United Progressive Alliance (UPA) government managed to do what it had not been able to do in its first term – it reintroduced the Pension Fund Regulatory and Development Authority (PFRDA) Bill in Parliament with the support of the Bharatiya Janata Party. The objective of the Bill is...
More »Investing in agriculture key to ending extreme rural poverty in South Asia – UN
South Asia continues to have the largest concentrations of poor rural populations despite the fact that the wider Asia-Pacific region has made major strides in combating poverty, a United Nations agency said today, stressing that agriculture is key to poverty alleviation. The study by the UN International Fund for Agricultural Development (IFAD), entitled Agriculture – Pathways to Prosperity in Asia and the Pacific, shows that rural poverty rates have dropped only...
More »Most companies 'maintain' MPs to favour them
A former bureaucrat has said that most business houses "maintain" MPs to influence government policies or decision making in their favour. "Some of the large industrial houses also fund politicians who are in the Opposition as a hedge to ensure that any decision that may be given in their favour is not opposed by them. They also treat such funding as a long term investment," writes former Economic Intelligence Bureau director...
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