-The Times of India The information on tax evaders and those who have stashed unaccounted money abroad has started trickling in, with the government admitting for the first time that total deposits of Indians in Swiss banks have come down by more than 50% in the last five years. The total liabilities of Swiss banks towards Indians have declined in the last five years. The deposits of Indians have come down from...
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UPA's image hit as corruption, scams rise by Yogendra Yadav
In this Independence Day week, State Of The Nation brings you an exclusive opinion poll across 20 states with 18,000 respondents. Corruption and scams are perhaps the biggest talking point at the moment and have clearly hurt the UPA Government. The results of the CNN-IBN-CNBC-TV18 State of the Nation Poll in association with Forbes India conducted by CSDS confirm what has been suspected - that the UPA's image has taken...
More »Can Posco Cross the India Barrier? by Prince Mathews Thomas
The $12 billion Posco investment in India was supposed to be the biggest FDI project in the country. After six years that still remains on paper Horangineun jugeumyeon gajugeul namgigo, Sarameun jugeumyun ireumeul namginda (When tigers die, they leave behind leather. When people die, they leave their names behind) —Old Korean Proverb The news flash from Press Trust of India came on July 10, 2011. Posco, the $32 billion South Korean steel giant had decided to...
More »CIC: Put public-private partnerships under RTI by Anahita Mukherji
Central information commissioner Shailesh Gandhi has put forth a compelling argument for placing public-private partnerships (PPPs) under the ambit of the Right to information (RTI) Act in an order passed earlier this week. Though the order pertains to a specific case in Delhi, it will have far reaching implications for the rest of the country. The Central Information Commission (CIC) recognizes PPPs as public bodies that must provide information under the...
More »High compensation = high property prices by Devesh Chandra Srivastava
Draft Bill on land acquisition pegs compensation on market value but how government agencies will reach this value remains a concern In response to farmers’ agitation in the last few years over faulty land acquisition and poor compensation—the Tata-Singur fiasco in West Bengal, Posco in Orissa or the recent farmers’ agitation in Noida—the ministry of rural development is planning to replace the archaic Land Acquisition Bill, 1894. It has come up...
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