-PTI Prime Minister Manmohan Singh's assets have not increased since last year but their value has gone up, his office said on Monday. "The assets are the same but their valuation has gone up as the assessment has been done, for the first time, by a government-approved valuator," a PMO spokesman said. The clarification came after the Prime Minister declared the value of his assets as Rs 10,73,88,730.81, which is double the...
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PM's Assets Around Rs 10.73Cr, Colleagues Richer
-Outlook Prime Minister Manmohan Singh has assets worth around Rs 10.73 crore, double that of last year, but a number of his cabinet colleagues are much richer than him. Among the richer cabinet ministers are Praful Patel with assets of approximately Rs 52 crore, Sharad Pawar with property worth around Rs 22 crore and M K Azagiri with Rs 9.50 crore, according to updated list of assets of the ministers posted on...
More »The food crisis and India -CP Chandrasekhar
-The Hindu The World Bank has joined the chorus warning the world of an impending food crisis with damaging food price inflation. In its late-August edition of its Food Price Watch the Bank reported that global prices for food as reflected by its Food Price Index rose 10 per cent in July 2012 alone. The prices of staples such as corn and soya bean were at an all-time high that month,...
More »Funding at a snail's pace-Himanshu Upadhyaya
-India Together All the increased budgets for education in the country may not amount to much, if the States don't move the money fast enough to the intended uses, which is not happening now. Himanshu Upadhyaya reports. The Comptroller and Auditor General's recent performance review of elementary education in Tripura has once again brought to our attention prolonged delays in release of funds meant for schools. The performance review, of accounts spanning...
More »I-T Deptt Probing Black Money Cases: CBDT
-Outlook The Income Tax Department today said it is investigating cases of black money holders on the basis of information furnished by foreign countries and will initiate prosecution proceedings wherever required. The department has taken a similar action against those individuals who figured in the LGT Bank Accounts list. "These cases are spread across the length and breadth of the country according to the Assessing Officers (AO) having jurisdiction. "They (AO) are quasi-judicial authorities...
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