-The Economic Times NEW DELHI: Prime Minister Manmohan Singh's drive to revive investor sentiment by fast-tracking large stalled projects through the Cabinet Committee on Investments (CCI) and a special cell under it is encouraging Indian companies as well as big foreign investors such as Shell, Cairn India and Dell to knock on the government's door for urgent help. Over 250 projects worth Rs 11 lakh crore are now being considered by the...

-The Hindu     CAG report uncovers forestland scam, says government lost thousands of crores The Comptroller and Auditor General in its latest report has unearthed a massive scam involving forestlands being given over to industry without following laid down regulations - in violation of Supreme Court orders and forest laws - and involving large-scale misuse of funds leading to a loss to the government running into thousands of crores. The report blames some...

-The Times of India LUCKNOW: Illegal mining in Uttar Pradesh between 2005-11 caused a loss of Rs 1,400 crore to the exchequer, says a draft report of the comptroller & auditor general. The report, prepared on the activities of state geology and mining directorate, belies state government's claims on checking illegal mining and indicates that illegal mining is widespread. It reveals several procedural gaps in legal quarrying as well. The auditors, who...

-Outlook The Uttar Pradesh government today reluctantly admitted before the National Green Tribunal (NGT) that illegal sand mining was going on in the state and not even a single environmental clearance granted for it in Gautam Budh Nagar district. "We (UP government) have not caught anyone till now. It's there Lordship. Yes it (illegal sand mining) is going on," the counsel, appearing for Uttar Pradesh government and its Chief Secretary, said. A five-member...

-Timescrest.com Three successive CAG reports warned the Uttarakhand govt about the consequences of multiple hydropower projects, and their unpreparedness in the face of disaster. The advice was ignored. With aim of turning Uttarakhand into Urja Pradesh, the state has committed to building 680 dams, currently in various stages of commissioning, construction and planning. The powers that be have expedited the clearances for these projects. However, when it came to the issue of credible...