About 100 Rajya Sabha members have declared their assets worth more than Rs1 crore with independent Parliamentarian from Maharashtra Rahul Bajaj being the richest. According to an analysis by an NGO, renowned industrialist Bajaj has declared his movable and immovable assets worth over Rs300 crore followed by Janta Dal (Secular) MP M A M Ramaswamy (Karnataka) and T Subramani Reddy of Congress (Andhra Pradesh) who have declared assets of more than...
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HC slams MCD for razing slums in Games run-up by Utkarsh Anand
The Delhi High Court on Wednesday trained its guns on the Municipal Corporation of Delhi (MCD) for demolishing hundreds of hutments in Kirti Nagar area last November while carrying out its drive to widen roads and beautify the Capital ahead of the Commonwealth Games starting on October 3 this year. “What do you (MCD) want to do? We think you want to show the foreigners coming for the Commonwealth Games...
More »Govt to match netas' I-T returns with poll Affidavits by Mahendra Kumar Singh
The finance ministry has quietly initiated the process of opening up the income tax files of politicians belonging to all parties and tallying their income statements with the Affidavits filed by them with the Election Commission during the 2009 parliamentary polls. Verification of the assets declared by the Lok Sabha candidates, many of whom have now become MPs and even ministers, will help the department to assess if they had...
More »Crorepati MPs double in LS: ADR
The number of MPs with assets worth over Rs one crore has doubled in the present Lok Sabha compared to the preceding one as the average worth of assets of an MP has nearly tripled, a report has said. The number of crorepati MPs has increased from 156 in 2004 to 315 in 2009, while the average worth of assets of an MP in the Lower House has gone up...
More »The winter of our austerity by P Sainath
Growing numbers of elected representatives fund their poll campaigns with corporate backing. And growing numbers of people with a big business background have ventured directly into the electoral arena. Corporate Affairs Minister Salman Khurshid’s call for restraint, however mild, on the CEO feeding frenzy at the compensation trough, seems the least objectionable statement made by a Minister in months. (Contrast this, for example, with the Agriculture Minister’s warning that people...
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