-The Times of India NEW DELHI: A detailed audit by the Comptroller and Auditor General of India of some major trusts run by business houses and sports bodies has allegedly revealed misuse of income tax exemptions granted to them. Among them are at least two Tata trusts and a number of state cricket associations. The audit report, one of the first to be signed by the new CAG, S K Sharma,...
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Sugar economy faces crisis in riot-hit UP belt -Anil Sasi and Surbhi Khyati
-The Indian Express Riot-hit Muzaffarnagar may now be looking at a crisis in its sugar economy. With private mills in the state refusing to start crushing until the Uttar Pradesh government clarifies cane prices, harvesting of crop that should have begun by now has not yet started. A key cane-growing district, Muzaffarnagar is reported to have the highest agricultural GDP in UP. With recent incidents again bringing the district to a boil,...
More »'Provisions in New Land Acquisition Act to Benefit Society'
-Outlook Jamshedpur: Tata steel Group Executive Director Koushik Chatterjee today said Rehabilitation and Resettlement (R and R) provision in the recently passed Land Acquisition, Rehabilitation and Resettlement Act would ensure that state governments work for the benefit of the society. The old Act was more than 100 years old and needed a revamp for the benefit of the society as well as for the industry executing big projects, Chatterjee told reporters here. The...
More »With the PDS gambit, Raman Singh hopes to checkmate Congress-Gargi Parsai
-The Hindu BJP Chief Minister Raman Singh is the face of the reformed public distribution system in Chhattisgarh and indeed, he is still banking on it for a third consecutive term despite the anti-incumbency factor against several MLAs and a few ministers in his council. In his recent vikas yatra, he showcased development and focussed on the path-breaking Public Distribution System (PDS) reforms that were dovetailed into the Chhattisgarh Food Security Act...
More »Industry tops anti-graft rankings
-The Telegraph Mumbai: Just when India Inc is battling a welter of accusations about crony capitalism, Transparency International has put out a report that will buttress its argument that the CBI-inspired witch hunt to name and shame some of the best-known business barons in the country is "preposterous and unwarranted". The report says Indian companies have the greatest commitment to fight corruption and the best internal systems in place to do so...
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