When it comes to increasing wealth, legislative experience, it turns out, beats the best investment planning hollow. An analysis of the assets of re-contesting legislators certainly suggests that – with the growth in their assets being more than what investing in gold, mutual funds or fixed deposits would yield. According to analysis of affidavits done by the Association for Democratic Reforms and National Election Watch, the percentage rise in assets of...
More »SEARCH RESULT
Bengal has most criminal MLAs; TN most crorepatis
The West Bengal assembly tops the list of criminal candidates and it has 102 such MLAs. Most of these MLAs have criminal serious charges pending against them. Among the other three assemblies -- Tamil Nadu, Puducherry, and Assam -- which have been analysed by the National Election Watch, the richest assembly is (without a doubt) Tamil Nadu. The report on Kerala assembly is still awaited. It has 120 crorepati candidates in the...
More »Left's assessment concedes West Bengal by Rajat Roy
Even as the CPI(M) brass show a brave face and publicly maintain they will form the next government in West Bengal, the party’s internal feedback from the districts shows the Left Front will go out of power after a record stint of 34 years. The feedback has come from districts where polling is already over. The final phase is on Tuesday, in just 14 constituencies. The counting of votes, with those...
More »Pesticide Endosulfan to Be Banned Worldwide
Representatives from 127 governments have agreed to add endosulfan to the United Nations' list of persistent organic pollutants to be eliminated worldwide. The action puts the widely-used pesticide on track for elimination from the global market by 2012. The decision was among more than 30 measures taken by Parties to the Stockholm Convention on Persistent Organic Pollutants to strengthen global action against POPs at their meeting in Geneva last week. The...
More »Bid to restrict subsidised LPG use by R Suryamurthy
The government plans to restrict subsidised domestic LPG cylinders to six per household every year. For additional cylinders, consumers will have to pay the market price. Data show 65-70 per cent of households use 5-6 cylinders (14.2 kg) a year, while the remaining use more. In Calcutta, PSU oil marketing firms suffer a loss of Rs 329.73 by selling an LPG cylinder at Rs 365.10. A senior oil ministry official said the proposal...
More »