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100% mining royalty for the displaced in the draft Mining Bill, feels Pranab Mukherjee led panel

-The Economic Times   A group of ministers formed to approve the draft mining Bill, has agreed to earmark 100% of the royalty paid by major mineral mining companies , to compensate people displaced by such projects. The panel, chaired by finance minister Pranab Mukherjee , which met on Thursday , also agreed to earmark 26% of the profit made by coal mining companies, in favour of people directly affected ,...

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The property of black money

-The Hindu   Since the time of Dadabhai Naoroji, Indians have always been captivated by the idea that our national wealth is slowly being drained abroad. That is why the Supreme Court's decision to set up a Special Investigation Team to ensure the return of money stashed abroad will be widely welcomed. What happens to the ill-gotten gains stashed at home, however, is anybody's guess. Black money is generated by the...

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Overreaching? by Pratap Bhanu Mehta

The latest Supreme Court order appointing two former justices to superintend the special investigation team (SIT) on black money is a serious indictment of government. It reflects a widespread sentiment about the laws of government motion: government is a body that will not move unless compelled by an external force. A shameless government is provoking a thousand saviours to step in and save the country. The Supreme Court is, rightly,...

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Searching for Something Good to Say About India by Manu Joseph

It is a question that journalists in India are often asked without affection. “Don’t you have anything good to say?” A positive story, a happy story? The rebuke, when it is an e-mail or an online comment in response to an unflattering article about India, is sometimes accompanied by abuses or a general description of the journalist’s mother. And it is particularly passionate when it comes from the expatriate Indian whose...

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From fig leaf to banana repubLIC by Siddharth Varadarajan

Nobody sheds a tear when the poLICe harass ordinary citizens. But with the rich and powerful under the corruption scanner, the Prime Minister now fears a poLICe state. The Prime Minister and his advisors just don't get it. At a time when the pubLIC is looking for an end to the loot of pubLIC money, the last thing they want to hear from their government is a bunch of excuses and...

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