The coal ministry has told the national auditor that its observations about “windfall gains” to private and state-run entities as a result of allocation of coal blocks without auction were “fallacious and erroneous”.   The ministry has rejected the Comptroller and Auditor General’s (CAG)’s observation that due process was not followed in allocating blocks, and insisted that a “fair and transparent” system was followed, and decisions taken after intense scrutiny and extensive...

Taking strong exception to Prime Minister Manmohan Singh's remarks against NGOs who opposed genetically modified crops and nuclear power plants, a group of eminent citizens said that it was a “highly inappropriate misrepresentation of facts.” In a strongly-worded letter to him, the group led by the former Supreme Court Judge, V.R. Krishna Iyer, and including the former Chairman of the Atomic Energy Regulatory Board, A. Gopalakrishnan, said it was the government...

-The Telegraph A group of eminent individuals has written to Prime Minister Manmohan Singh asking him to initiate a “truly inclusive process of Deliberation” to help formulate a rational public policy on nuclear power and genetically modified (GM) crops. Justice V.R. Krishna Iyer, a former Supreme Court judge, and 16 others, including former scientists and administrators, have also questioned Singh’s remarks to a US journal last month suggesting that foreign non-government organisations...

A committee on social security, set up at the 44th Indian Labour Conference (ILC) that concluded its session here on Wednesday, has suggested that maternity leave to women employees, now provided under the Maternity Benefit Act, be raised to 24 weeks from the present 12 weeks. This has come even as Prime Minister Manmohan Singh, while speaking at the conference on Tuesday, stressed the need to understand the constraints women staff...

Central pension plan NPS finally gets a boost The ‘New’ NPS     Measure: Improve incentives for distributors. Has been recently implemented.     Impact: Was required. But won’t be enough, need consumer education to build volumes.     Proposal: Increase fund management fees with an option to lower later.     Impact: Under consideration. But finance ministry unhappy with increase in costs.     Proposal: Relax the norms to appoint more fund managers to increase distribution.     Impact: Unlikely. At...