-Newsclick.in An assessment by the Environics trust and the Mineral Inheritors Rights Association shows that not even a single company qualifies the fit and proper person test often used by international agencies as a benchmark for a place in the bidding process of natural resources. For the first time in five decades, India’s coal reserves are up for grabs to private sector bidders. The auction for 38 coal blocks is currently underway....
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New report by American Bar Association exposes the dark underbelly of Indo-US sandstone trade
Often exports made by a country to the rest of the world are seen in a positive light by us. It is because exports not only earn precious foreign currencies (that can be used for importing goods and services or simply be used for building forex reserves), it also helps in generating effective demand for goods and services produced in that country and hence, contributes to economic or GDP growth....
More »World Bank withdrew from Amaravati due to corruption, claim AP govt officials -Yunus Y Lasania
-Livemint.com * The then TDP government had invited tenders for infrastructure development even before the World Bank loan details were finalized, said an official with the state government, requesting anonymity * According to the official, the team found numerous irregularities Hyderabad: Days after the World Bank (WB) announced backing out of Amaravati capital city project, by withdrawing its $300 million funding, officials from the Andhra Pradesh government said rampant corruption besides flouting of...
More »CSOs are unhappy with the way the Economic Survey 2018-19 & the Union Budget 2019-20 dealt with MGNREGA
-Press release by NREGA Sangharsh Morcha and Peoples' Action for Employment Guarantee (PAEG) dated 9 July, 2019 Even as many parts of the county suffer from drought, the new government at the centre has allocated a mere Rs 60,000 crores for the National Rural Employment Guarantee Act (NREGA) for the ongoing financial year. This is Rs 1,084 crore less than the revised budget estimate for 2018-19. Expenditure would have been much...
More »It's time to take stock of the electoral process -SY Quraishi
-The Hindu The general election saw serious questions being posed to the Election Commission. The 17th Lok Sabha must deliberate on them The biggest election in the world has finally come to a successful end for which the three Election Commissioners and their 12 million staff deserve appreciation. Unfortunately, what deserved to be remembered as a subject of national pride became mired in several controversies. At the top of the list was...
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