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70,000-crore scam: Gadkari justifies letter lobbying for controversial dam, contractors -Sabyasachi Dasgupta

-NDTV A letter written by BJP president Nitin Gadkari lobbying for contractors building a mega-dam project in Maharashtra has the Congress demanding his resignation, and the BJP on the defensive. Written on July 30 to Water Resources Minister Pawan Kumar Bansal, Mr Gadkari asks for Rs. 400 crores to be released to the contractors hired for the Gosikhurd dam in Vidarbha. The main contractor is Ajay Sancheti, a BJP member of the...

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Punjab: Politicians, Farmers Divided Over FDI Issue

-Outlook Amid furore over FDI in multi-brand retail, the politicians and farmers in the leading agrarian state of Punjab are speaking in different voices over the issue. While Chief Minister Parkash Singh Badal said the concept may be successful in developed countries like USA, he feared that it may not work in this country. "If the FDI comes, big players will eat into the share of small traders and that will be against...

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A risky strategy, born of panic -Siddharth Varadarajan

-The Hindu Building ‘capitalism with Indian characteristics’ means decisions cannot ignore concerns of voters and communities As the economy slows down and the rupee wilts, Manmohan Singh has bitten the ‘reforms’ bullet with both eyes on the credit rating agencies whose negative reports have done much to dampen the ‘animal spirits’ of investors, foreign and native. Last November, when the Congress party made a push to introduce foreign direct investment in multi-brand retail,...

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Reform by transparency

-The Business Standard Gas cylinder cap has lessons for the future  Of all the decisions that the United Progressive Alliance government took last week to end a long period of policy paralysis, the one that has caused the least provocation to opposition political parties is the annual capping of the supply of subsidised cooking gas cylinders. This is surprising, as its net effect on a householder’s annual budget will likely be substantial....

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State govt official alleges Rs 35,000cr irrigation scam -Nauzer K Bharucha

-The Times of India MUMBAI: In an explosive revelation, a whistle-blower in the state government has said a staggering Rs 35,000 crore was siphoned off and wasted on dud irrigation projects in the past decade. The Maharashtra government has spent Rs 70,000 crore on such projects across the state during this period. Vijay Pandhare, chief engineer (water resources department) and member of the state-level technical advisory committee who wrote a stinging 15-page...

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