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Black money in Swiss banks down 50% since '06

-The Times of India   The information on tax evaders and those who have stashed unaccounted money abroad has started trickling in, with the government admitting for the first time that total deposits of Indians in Swiss banks have come down by more than 50% in the last five years. The total liabilities of Swiss banks towards Indians have declined in the last five years. The deposits of Indians have come down from...

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3 youths ostracised for RTI expose

-The Times of India   In a brutal attack on Right to Information Act (RTI) activists, village elders of Gollalamamida in Pedapudi mandal in East Godavari district have imposed a 'social boycott' on three students, one of them visually challenged, for complaining against the local officers on their irregularities. The students ran away from the village and met police commissioner of Vijayawada N Madhusudan Reddy here on Wednesday seeking protection. He assured...

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Give food some thought by Surinder Sud

Reforms in the supply-chain system can help India tackle the demand-supply mismatch in essential food items Food inflation may have dropped to single digit but since that fall is set against last year’s elevated double-digit base, it continues to hurt the poor — 65 per cent of their disposable income goes towards food. The government often defends its failure to tame inflation by arguing that it has no magic wand to...

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Tackling Black Economy: SC Takes Control from Government by Arun Kumar

The Supreme Court has converted a high-powered committee of the Government of India, on the issue of black money, into an SIT under its own direction. This is an expression of no-confidence in the executive. The government’s intention in tackling either the problem of black economy or bringing back the black savings stashed abroad is suspect. According to reports, the money stashed abroad by the corrupt businessmen, politicians and others...

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‘Murdochisation' of the Indian media by Paranjoy Guha Thakurta and Alice Seabright

Its facets include concentration of media ownership and the transformation of news into a commodity. THE last two decades have witnessed a dramatic transformation of India's ‘mediascape' – a term first used by Arjun Appadurai, an academic of Indian origin based in the United States, to describe how visual imagery impacts the world and to describe and situate the role of the mass media in global cultural flows. While there...

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