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Go beyond CAG: Shout less about notional losses, do more on genuine coal sector reform

-The Times of India Expectedly, CAG's reports on coal, power and Delhi airport have raised a storm. Yes, one takeaway is the need for transparency in resource disbursal and use, be it minerals or land. But if CAG - whose job is to keep accounts - habitually hypothesises about presumptive revenue loss owing ostensibly to absence of this or that policy in the past, where will it end? Its coal audit...

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CAG estimates: Our likely loss Rs. 38,00,00,00,00,000

-The Hindustan Times Indian taxpayers may have lost as much as Rs. 3.8 lakh crore in scams in the power, aviation and coal sectors over the past eight years, the country's state auditor said in reports tabled before Parliament. The Comptroller and Auditor General charged the government with allotting coalfields and land for power projects and Delhi’s airport to private firms at a fraction of the market price, bringing the corruption issue...

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Dr Anand Teltumbde, Dalit intellectual, thinker and human rights activist interviewed by Prasanna D Zore

-Rediff.com On July 14, the Nagpur bench of the Bombay high court commuted the death sentence awarded to six convicts in the Khairlanji murder case to 25 years' rigorous imprisonment. On September 29, 2006, a mob brutally raped a mother and daughter before killing them along with her two sons. Surekha Bhotmange (then 42), Priyanka Bhotmange (17), Roshan Bhotmange (19) and Sudhir Bhotmange (21) belonged to one of the three Dalit families...

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10 facts on Rs 1.86 lakh crore 'Coalgate' loss

-Yahoo.com The Comptroller and Auditor General on Friday tabled three reports -- on power, coal and airports -- in Parliament, almost indicting the UPA government for allegedly 'causing' a loss of more than Rs 1.86 lakh crore to the exchequer. The report has also lambasted the government for favouring private companies who benefitted from such 'largesse', giving the opposition parties a lot of fodder to them to hit out at the government...

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Deficient monsoon to add to food, non-food inflation: CMIE

-PTI The monsoon rains, which have been deficient by about 21 per cent this season, are likely to spur prices of food and non-food articles, economic think tank CMIE has said. "We expect the South-West monsoon to remain deficient and the major crop production to decline by 2.3 per cent. This decline in output of major crops is expected to add to the already high inflation seen in food articles," the Centre...

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