-The HIndu In what’s being called a reverse sting, Jindal Steel and Power Ltd (JSPL) chairman Naveen Jindal has released video recordings which allegedly show Zee editors trying to extort Rs. 100 crore in return for the channel not airing damaging stories on coal block allocations involving his company. In a counter-offensive, Zee claims that it was JSPL which offered to pay the channel. At a dramatic press conference on Thursday, Mr. Jindal,...
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Joseph E Stiglitz, Nobel laureate interviewed by Pranay Sharma
-Outlook Nobel laureate Joseph E. Stiglitz is one of the world’s leading economists. A former chief economist at the World Bank and currently University Professor at the Columbia Business School, he was recently in India to attend an international conference on development and to promote his new book, The Price of Inequality. He spoke to Pranay Sharma about growing inequality in the world and the challenges facing India. Excerpts: * Your coinage,...
More »Sonia Gandhi vetoes dilution of land acquisition bill -Subodh Ghildiyal
-The Times of India Congress leadership has vetoed the dilution of land acquisition bill, saying that 80% landowners have to agree to let the government acquire their land for private projects. The bottomline has been laid down by UPA chief Sonia Gandhi barely two days after a ministerial panel headed by Sharad Pawar finalized the draft bill, which says that consent of 67% landowners would suffice for government to acquire land. The leadership...
More »Government plans Rs.40,000 crore fund for rural development
-IANS The government is planning to set up a Rs.40,000-crore flexi-fund to help states address specific rural development needs. The fund will be available to states from the next financial year till the end of the 12th Five-Year Plan in March 2017. The central government will have a 70 per cent share in the fund. "For the first time, we are putting together a flexi-fund of Rs.40,000 crore that will be available to...
More »Mamata Banerjee's doublespeak on land acquisition -Saugata Roy
-The Times of India KOLKATA: Chief Minister Mamata Banerjee may root for a hands-off policy on land acquisition, but her Cabinet approved acquisition of 64 acre land for a power project at Dalkhola in West Bengal's Uttar Dinajpur in May. Her political rivals are backing farmers protesting against the state government's land acquisition bid. Forward Bloc MLA from Chakulia Ali Imran Ramz has planned a Nandigram-like stir against the state government. "The...
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