-The Hindu Business Line New Delhi: The Agriculture Ministry has broadened the scope of the proposed Contract Farming Bill by bringing marketing and services into its ambit and cutting back on States’ role in regulating the sector, paying heed to a multitude of responses that the planned piece of legislation elicited. “On the basis of the great response it received from stakeholders, we have made many changes to the Bill. There is...
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Jaitley rules out privatisation of public sector banks
-PTI Finance Minister Arun Jaitley today ruled out privatisation of public sector banks as a response to the Rs 11,400-crore fraud hitting Punjab National Bank, saying the move may not be politically acceptable. Speaking at an event, he said a lot of people have started talking of privatisation in the aftermath of the PNB fraud. “This (privatisation) involves a large political consensus. Also, that involves an amendment to the law (Banking Regulation...
More »SC asks Centre to curb illegal operations of multinational auditors -Dhananjay Mahapatra
-The Times of India NEW DELHI: The Supreme Court took serious note of alleged illegal operations of multi-national accounting firms (MAFs) in India in collaboration with Indian charted accountancy firms (ICAFs) and asked the Centre on Friday to examine steps to rein them in. "The Union of India may constitute a three-member committee of experts to look into the question whether, and to what extent, the statutory framework to enforce the letter...
More »To Bt or not to Bt: 60 lakh cotton farmers or a handful of vested Interests? -Ram Kaundinya
-The Indian Express The government should not succumb to pressures for removal of trait fee on a technology that has made India the world’s No. 1 cotton producer. During the last cotton season, there were reports of the pink bollworm (PBW) not being effectively controlled, especially in some 700 villages of Maharashtra where the infestation of this insect pest was stated to be high. However, at a review meeting conducted by the...
More »Which MPs utilise constituency funds the best? -Neelanjan Sircar
-Hindustan Times With the rising costs of campaigns, parties have increasing incentives to field richer candidates with criminal cases against them — precisely those who do a worse job of representing and working for the welfare of their constituents. Are Members of Parliament (MPs) genuinely Interested in giving back to the voters who elected them? Since 1993, MPs have been allotted money under the Members of Parliament Local Area Development Scheme (MPLADS)...
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