The government's auditor has accused Mukesh Ambani's Reliance Industries Ltd of violating terms of the contract for its showcase Andhra offshore acreage and expressed doubt over the costs at which India's biggest private sector oil company contracted goods and services for bringing the largest gas discovery into production. The Comptroller and Auditor General's final report on a special audit of Reliance's Krishna-Godavari basin fields, presented to Parliament on Thursday, also suggests...
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Fuzzy movement by Prabhat Patnaik
The Anna Hazare movement demands no activism from its followers, not even a clear understanding of the specific demands. “COMBATING corruption”, like “promoting peace”, can mean anything to anyone; and precisely because of this “fuzziness” it appeals to everyone. Some join the anti-corruption movement because they are against “corporate loot”; others join because they are against the Nehru-Gandhi “dynasty”; and still others join because they oppose the “corrupt practice of...
More »Clash of Interests by Prabhat Patnaik
Anna Hazare’s fast is over, but the conjuncture of which that fast was an episode is not: Hazare’s own movement, or other similar movements, are bound to recur in the coming months. The question naturally arises: what are these movements all about? And to start with: what was Hazare’s own movement all about? It was certainly not about “corruption” in any definable sense. That word meant different things to the...
More »Madhya Pradesh's high-tech solution for PDS by Latha Jishnu and Jyotika Sood
State links PDS to UID to plug leakages in food supplies but gaps remain Madhya Pradesh has opted for the technologically most sophisticated—and costliest—method for revamping its public distribution system (PDS). It is one of a handful of states that is trying to ensure that subsidised food reaches the segment it is meant for, the poorest of the population or those below the poverty line (BPL). But the route it has...
More »Finance ministry for SPV model to build rural broadband network by Joji Thomas Philip
The finance ministry has asked the telecom department not to entrust state-owned BSNL with the Rs 20,000-crore project to build a nationalbroadband network to take high-speed internet to the hinterlands. It has recommended that a special purpose vehicle (SPV), consisting of many mobile phone companies, be entrusted with implementing this project, while adding that all stakeholders should be chosen through a transparent and competitive bidding process. The telecom department had identified...
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