-The Times of India A day after India Against Corruption (IAC) charged the government with selling out to Reliance Industries Ltd (RIL) on the company's KG-D6 gas field off the Andhra coast, the oil ministry on Thursday hit back by describing the allegations as "baseless and frivolous". In a point-wise rebuttal to IAC charges, a ministry statement — issued after former oil minister Mani Shankar Aiyar met incumbent Veerappa Moily for over...
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Supreme Court gives UPA respite on sale of resources
-The Hindustan Times The UPA government, staging a comeback through economic reforms after months of being on the back foot, got another boost after the Supreme Court said that auction was not the only method allowed in allocating natural resources. Prime Minister Manmohan Singh's government has been rocked by criticism that it handed out telecom spectrum and coal fields at an alleged loss of Rs. 3.6 lakh crore to private players instead of...
More »Coalgate fallout: No doling out mines to private players, Supreme Court says -Dhananjay Mahapatra
-The Times of India The Supreme Court, while answering the presidential reference on the 2G judgment, took note of the coalgate scam that stalled Parliament and said whatever be the mode of allocation of natural resources, it can never be a handout for private players. Justice JS Khehar agreed with the majority opinion of the constitution bench on the reference that auction could not be termed as the only constitutionally permissible mode...
More »Government keen to push bills on food security, land acquisition: Salman Khurshid
-PTI After the big-bang reforms, Law Minister Salman Khurshid today indicated government's keenness to push bills on food security and land acquisition, insisting that even Mamata Banerjee will not be able to oppose them. He maintained that "the bills drive a deft political balance between populism and reforms". "The draft (food security) Bill is being given the final touches by the Cabinet. This will ensure that poor will have their stomachs full. Nobody...
More »Continuing onslaught on the CAG -Ramaswamy R Iyer
-The Hindu The work of India’s supreme auditor cannot be put through an audit unless the institution itself initiates one The relentless campaign against the Comptroller and Auditor-General, of an unprecedented ferocity, compels me to write again on the subject. First, has the CAG caused a political and constitutional crisis, as some have argued? All that the CAG does is to submit audit reports. Any audit report, if it is a good report,...
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