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Auctions, options

-The Indian Express   SC is right that natural resources are held in public trust, but its comments on allocation are simplistic In its ruling in the 2G spectrum allocation case, the Supreme Court said that auctions were the best route for allocation of finite natural resources. “While Transferring or alienating the natural resources, the State is duty bound to adopt the method of auction by giving wide publicity so that all eligible...

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Don't trash this law, the fault lies in non-implementation by Brinda Karat & Sabu George

There can be little quarrel with the argument that India requires a comprehensive policy to prevent sex selection as put forward by National Advisory Council members Farah Naqvi and A.K. Shiva Kumar in The Hindu (“India & the sex selection conundrum,” January 24, 2012). That the use of sex selection technologies to abort female foetuses is linked to the increasing devaluation and disempowerment of women is well known. It is...

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SC scraps UPA’s Licence Raja by Krishnadas Rajagopal

Sending a clear message that the 2G spectrum allocation of 2008 is a scam and not the result of a government policy decision, the Supreme Court today quashed the grant of 122 UAS licences and allocation of spectrum to 12 private companies. Even as the trial in the 2G case progresses in a Patiala House trial court in Delhi, a bench of Justices G S Singhvi and A K Ganguly held...

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Farmers thwart bid to sell mining lease in Bichwa, Tekadi by Vijay Pinjarkar

-The Times of India   The farmers from Bichwa and Tekadi in the district have thwarted an attempt to sell mining leases which have already been suspended by Indian Bureau of Mines (IBM). The state government had granted lease for manganese and dolomite mining over 17.25 hectares in Bichwa and 11.5 hectares in Tekadi to one AD Kuhite of Nagpur on March 22, 1996. The 20-year lease period expires on August 10, 2016. However,...

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India court cancels 122 telecom licences

-BBC   India's Supreme Court has cancelled 122 telecommunications licences awarded to companies in 2008. The licences were issued by former minister A Raja, who is accused of mis-selling bandwidth in what has been called India's biggest corruption scandal. Mr Raja denies wrongdoing. Government auditors say the scandal cost the country about $40bn (£24.5bn). The judges also ordered a court to decide whether Home Minister P Chidambaram should be investigated. Opposition MPs accuse Mr Chidambaram of...

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