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A big loss

-The Indian Express   The Comptroller and Auditor General of India is being increasingly questioned, as reports emerge about the divisions within the agency on calculating the loss to the public exchequer from the 2G licencing process. The CAG shot for drama in its high-profile press conferences, in which eye-catching numbers were trumpeted that became firmly ensconced in our collective memory. The 2G report was brandished triumphantly, like a World Cup trophy,...

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GoM on graft pushes for transparency

-The Times of India   The government plans to bring forward legislation to implement key transparency measures in procurement, exploitation of natural resources and electoral reform in the winter session of Parliament. A meeting of the group of ministers (GoM) on corruption on Tuesday evening decided to move forward on anti-graft measures that it has been considering for some time now. The Vinod Dhall and Ashok Chawla committee recommendations on procurement and natural...

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Tea firms see losses ahead as workers strike by Manish Basu

Two of India’s biggest tea companies, Goodricke Group Ltd and Duncans Industries Ltd, said they may plunge into losses as workers, backed by key political parties, agitate for more pay. The labour unions reject this contention. The two companies are the main plantation owners in West Bengal’s Dooars region and do not have too many gardens elsewhere. Between them they produce about 34 million kg of tea a year; Goodricke is...

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Congress quizzes CAG on 2G loss

-The Times of India   Congress members on the Joint Parliamentary Committee on telecom policy on Monday aggressively questioned the government's chief auditor Vinod Rai over his estimate that revenues losses in the 2G scam could be as high as Rs 1.76 lakh crore. In what came across as a strategy to knock down the 2G scam losses from the staggering figure computed by the Comptroller and Auditor General, Congress MPs wanted to...

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Law ministry proposes 20-yr term for babus as part of governance reforms

The law ministry has prepared a 10-point governance reforms agenda which envisages capping a bureaucrat's term to 20 years and seeks reforms in allocation of mining and land rights. The presentation made to key UPA functionaries, including Prime Minister Manmohan Singh and Congress President Sonia Gandhi , says all new recruitments to central government jobs should be for 20 years and any extension beyond that would depend on the outcome of...

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