-ENS Economic Bureau Estimates on black money stashed away by Indians is still very much a grey area. So when the CBI Director emphatically declared on Monday that $500 billion of illegal money belonging to Indians was deposited in tax havens abroad, the figure caused more than a mild flutter. Mainly because the information currently available on the black money economy is way too disparate and vague. Considering the available evidence, the...
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Fodder scam: Lalu pleads not guilty, calls it political conspiracy by Sanjay Ojha
Former chief minister of Bihar Lalu Prasad Yadav on Tuesday claimed that all the allegations leveled against him in the Rs 900-crore fodder scam were biased and the CBI (Central Bureau of Investigation) had acted against him under political pressure to ruin his career. Lalu was replying to questions of special CBI judge PK Singh in the fodder scam case (RC 20/96) related to fraudulent withdrawal of more than Rs 37...
More »PDS overhaul must for Food Security Act’s success: Pawar
-The Deccan Herald Agri Minister doubts existing mechanism enough for roll out Agriculture Minister Sharad Pawar on Wednesday reiterated that augmenting grain production and overhaul of the Public Distribution System were critical to implementation of the Congress-led UPA Government’s ambitious National Food Security Bill. “I will be failing in my duty if I do not emphasise the fact that the Food Security Act will never succeed in achieving its goal in letter and...
More »Pranab says losing sleep over rising subsidy bill
-PTI Faced with subdued revenue mop-up and rising fiscal deficit, Finance Minister Pranab Mukherjee today said he is "losing sleep" over mounting subsidy bill, which may cross Budget estimate by Rs 1 lakh crore in 2011-12. "As Finance Minister when I think of enormity of the subsidies to be provided, I lose my sleep. There is no doubt," said Mukherjee, who is engaged in the process of firming the Budget for 2012-13...
More »Not to grab executive powers: 2G judge by Asok Kumar Ganguly
Justice Asok Kumar Ganguly,who was part of the two-judge Supreme Court bench that delivered the 2G verdict on Thursday, has written the following article in response to The Telegraph report on Saturday that had quoted former Lok Sabha Speaker Somnath Chatterjee. The former Speaker has since said The Telegraph report had given rise to a wrong impression and his comments were strictly confined to policy, not executive decisions. “What I...
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