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The worm in Bt brinjal-Sreelatha Menon

A new study questions safety assessments of Bt brinjal, asks for an independent regulator Does it matter if the gene introduced in Bt brinjal varies from the natural brinjal by 70 amino acids rather than by one? What if the regulators in the country fail to detect this and rubber stamp a genetically-engineered vegetable on the basis of the premise submitted by the company that produced it — Mahyco in...

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GEAC, experts slip on basics? by Latha Jishnu

As the biotech industry takes heart from the prime minister’s remark, a fresh report shows India’s regulation and expertise on GM crops are sloppy BUOYED by the prime minister’s remark that NGOs were responsible for the moratorium on the release of GM or Bt brinjal, the biotech industry is stepping up its campaign to get it lifted along with “all constraints in the research and development work of biotech crops”. It...

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Black money: Indians have stashed over $500bn in banks abroad, says CBI

-PTI Indians are the largest depositors in banks abroad with an estimated 500 billion US dollars (nearly Rs 24.5 lakh crore) of illegal money stashed by them in tax havens, the CBI director said on Monday.  India, in particular, has suffered from the flow of illegal funds to tax havens such as Mauritius, Switzerland, Lichtenstein, British Virgin islands etc.  "It is estimated that around 500 billion dollars of illegal money belonging to Indians...

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Belittling CAG Diminishes Parliament’s Effectiveness by BP Mathur

The Comptroller and Auditor General’s Report on the 2G Spectrum has created a great deal of controversy and his role is being questioned. The Public Accounts Committee could not finalise its report due to the splitting on the issue on party lines. The JPC currently examining the matter has taken an unprecedented step of taking evidence of a junior officer of the CAG’s set up, since retired, and quizzed the...

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A new low: India sinks in global corruption ranking

-PTI   Corruption in India has worsened over the past year, according to a new study released by Transparency International, a Berlin-based anticorruption group.  Journal reports according to Transparency International's corruption perception index, India scored 3.1 on a scale from zero to 10, where anything below five is bad news. Last year, India scored 3.3. The country's rank is better than Pakistan (No. 134) and Nepal, which at rank No 154 is perceived...

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