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Rich slogans, quiet secrets

-The Hindustan Times The hanging of the 2001 Parliament attack accused Afzal Guru in Delhi’s Tihar Jail last week evoked a range of diverse emotions. While Guru’s Sopore-based family accused the Union government of not informing them about the execution, the State rejected the charge. A senior Supreme Court lawyer questioned the timing of the execution, saying that the Centre decided to hang Guru at this time because several important assembly...

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Jobless growth back to haunt UPA-Anil Padmanabhan

-Live Mint The policy planners should be revisiting the fundamentals of the growth strategy India published a news story quoting from a research paper published by the Institute of Applied Manpower Research (IAMR) on the vexing issue of employment generation in the Indian economy. Referring to the compelling phase of unprecedented growth (when the average increase was 9%) in the latter half of the last decade, the IAMR study said, “Employment in...

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Rs 34-cr I-T notice to yoga guru Ramdev trusts

-The Hindustan Times Haridwar: The income-tax department has frozen the bank accounts of the two trusts run by yoga guru Ramdev and asked the Divya Yog Mandir Trust and Patanjali Yog Mandir Trust to pay up Rs. 34 crore. The trusts, registered as charitable organisations, were enjoying tax exemptions until a few months ago. The benefits have been withdrawn. Divya Pharmacy, run by the mandir trust, manufactured medicines and was earning profit...

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Foreign NGO aghast at police brutality against Posco protesters -Riyan Ramanath V

-The Times of India BHUBANESWAR: The furore against the state government resuming land acquisition for South Korean steel giant Posco seems to be spilling out of national borders with Netherland-based Friends of the Earth International appealing to Prime Minister Manmohan Singh, chief minister Naveen Patnaik and National Human Rights Commission (NHRC) to stop police 'excesses' at the proposed Posco site in Jagatsinghpur district. The foreign NGO, which has been fighting for environmental...

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Bank officials, microfinance institutions cornered benefits of farm loan waiver: CAG report -Pradeep Thakur

-The Times of India The UPA-1's Rs 52,000 crore farm loan waiver scheme is turning out to be a big financial scandal. Out of 1 lakh farm loan waiver accounts audited in 700 bank branches across the country — involving disbursement of Rs 500 crore — about 30% of the waiver amount was allegedly found to have been siphoned off by a nexus of bank managers and microfinance institutions (MFIs). A comptroller...

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