-Reuters Shares in Reliance Industries Ltd recover after falling as much as 2.1 percent on Thursday, a day after anti-corruption activist Arvind Kejriwal accused the energy conglomerate of hoarding natural gas and exerting pressure on the government to favour it. The company denies the allegations. Kejriwal, whose group India Against Corruption (IAC) has won publicity in India by accusing ruling Congress party chief Sonia Gandhi's son in law Robert Vadra of taking part...
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After change of guard, CAG-RIL meet on audit issue postponed -Sujay Mehdudia
-The Hindu The postponement conveyed by Petroleum Ministry to CAG on October 29 Only days after the change of guard in the Petroleum and Natural Gas Ministry, the “Entry Conference” by the Comptroller and Auditor General (CAG) with the Petroleum Ministry officials and representatives of Mukesh Ambani-owned Reliance Industries Limited (RIL) to discuss details of the financial audit of KG D6 accounts has been postponed indefinitely. Sources in the Ministry said that after...
More »Officials who fail to take decisions on spending Plan funds should be penalised
-The Economic Times The trend in Plan spending so far is disheartening. Actual expenditure during the first five months of the current fiscal year amounted to about 28% of the budgeted spending of Rs 5,21,025 crore for this fiscal - the lowest proportion recorded over the last five years. Ministries and departments are said to be willing to surrender unspent money, rather than take decisions that they fear could be questioned by...
More »IIT study may force govt to downgrade Ganga’s status -Pankaj Shah
-The Times of India LUCKNOW: In a development that further establishes the poor state of the Ganga, an inter-ministerial group (IMG) at the Centre is all set to classify the holy river in the 'C' (poor) category. The categorization is likely to be done in view of a report submitted by IIT-Roorkee which found that in the coming days 84% of the water flow in the river will either be diverted...
More »In the family way-RK Vij
-The Indian Express MHA’s decision to replicate the Chhattisgarh model in all Maoist-affected states is timely Taking a cue from the Chhattisgarh police’s efforts to socially rehabilitate Maoists cadres who have surrendered, the ministry of home affairs (MHA) has issued an advisory saying that all Naxal-affected states should facilitate reverse vasectomy operations for Maoists who wish to join the mainstream. The states should bear the medical costs for the operation, which will...
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