-The Hindu Real intent of auditor’s work is to end crony capitalism On a day Parliament was forced to shut down over Opposition calls for the resignation of Prime Minister Manmohan Singh in the wake of the Comptroller and Auditor General’s incriminating report on coal blocks allocation, the CAG itself held firm against increasingly ferocious attacks by the United Progressive Alliance. An official close to the CAG and the preparation of the controversial...
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'Demonetisation of Notes Won't Help Curb Black Money'
-PTI Demonetisation of high denomination currency notes like Rs 1,000 and Rs 500 may not help curb black money which is largely held in the form of benami properties, bullion and jewellery, a Finance Ministry report says. "One common demand from the public is that high denomination currency notes, particularly Rs 1,000 and Rs 500, should be demonetised", says a committee headed by the CBDT chairman in its report to the Finance...
More »Don’t come on fishing trips, warns Berne-Ashis Ray
-The Times of India Indian government would be in serious breach of its international obligations if it discloses names of Indians having Swiss bank accounts, other than being compelled to do so by the judiciary. Speaking to TOI against the backdrop of the recent agitations by Anna Hazare and yoga guru Baba Ramdev for recovery of black money, a spokesman for the federal finance ministry in Switzerland said India "cannot make public"...
More »Red flag in front of FDI in pharma too-Pranab Dhal Samanta
-The Indian Express At a time when the government is struggling to get past objections from its coalition partners to attract investment in certain sectors such as retail, aviation and pensions fund management, a grim internecine ministerial battle has applied the brakes on foreign direct investment flow into one of the more attractive and lucrative sectors — pharmaceuticals. Clearances for over Rs 1,000 crore FDI in this sector, the second largest in...
More »Chhattisgarh set to become first state to offer health insurance cover for all-Amiti Sen
-The Economic Times Chhattisgarh is set to become the first state to extend health insurance cover to all its unorganised sector workers, a step that will not only make healthcare accessible to all but also set a model for other states to follow. The state has offered to pay the insurance premium from October 1 for all those not covered under the Centre's flagship health insurance scheme-the Rashtriya Swasthya Bima Yojna (RSBY)....
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