Judicial activism was the key in many Supreme Court observations and judgments during 2011. 2011 CVC THOMAS: A three-judge bench led by CJI SH Kapadia declared “non est” — or nonexistent — the majority recommendation of a high-powered committee for P J Thomas as Central Vigilance Commissioner. The court ruled that the Prime Minister and the Home Minister’s recommendation amounted to “official arbitrariness”, coming in spite of the dissent of the third...
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$128 billion siphoned out in a decade by Subodh Varma
-The Times of India Even as the country continues to witness a campaign for a strong anti-corruption watchdog, a report has calculated that between $104 billion and $128 billion (roughly Rs 5 to 6 lakh crore) was illegally siphoned out of India in the decade spanning 2000 to 2009. This works out to an average outflow of about $10-13 billion (Rs 48,000 to Rs 63,000 crore) every year. The report has been prepared...
More »I-T searches unearthed Rs 18700 crore in last 2 years
More than Rs 18,700 crore of unaccounted wealth has been unearthed across the country after searches were conducted by the income tax officials in the last two years, the Central Board of Direct Taxes said on Friday. The body has, however, denied any harassment has been caused to any industrialist or business establishment anywhere in the country due to I-T search and survey operations. "Search and seizure is conducted on the basis...
More »CPI(M) moves amendment to Rules on Nuclear Liability Act
-The Hindu The Communist Party of India (Marxist) has tabled an amendment to the Rules for the Civil Liability for Nuclear Damage Act, 2010 on the ground that it negates the legislation passed by Parliament. The Act that seeks to fix liability on the manufacturer of nuclear reactors in the event of an accident has been criticised by the United States. Last month the government notified the rules, which have been objected...
More »Reasonable grounds to bring BCCI under RTI: Govt
-The Times of India Ignoring objections raised by theBoard of Control for Cricket in India (BCCI), the government said there were reasonable grounds for bringing the organisation under the Right to Information Act. In a seven-page written statement submitted before the Central Information Commission, thesports ministry said although there was no direct funding of BCCI, it got "substantial indirect funding" from the government in the form of revenue foregone like "concessions...
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