-The Indian Express Alleged irregularities have been found in the labelling of some of the food products marketed by yoga guru Ramdev's Divya Yog Mandir Trust, Haridwar District Magistrate Sachin Kurve said on Wednesday. Citing a report of Rudrapur-based Food and Drug Testing Laboratory in this regard, he said irregularities have been found in the labelling of six food products marketed by the Trust. The alleged regulatory violations by the Trust have been...
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CBI probes offshore mining licence scam -Neeraj Chauhan
-The Times of India A new scam worth several thousands of crores has come to light. The Central Bureau of Investigation has started a probe into serious irregularities in awarding offshore mining blocks to private Companies which did not fulfill the eligibility criteria. The CBI has registered a preliminary enquiry (PE) against officials of the Indian Bureau of Mines (IBM), the ministry of mines as well as private Companies which secured licences...
More »A claim to shame -Sitaram Yechury
-The Hindustan Times In response to the widespread protests and the nation-wide hartal last Thursday, Prime Minister Manmohan Singh addressed the nation on Friday and tried to explain why these decisions had become inevitable. The thrust of his argument was, “We need a revival in investor confidence, domestically and globally.” For this, the current high fiscal deficit must be contained and, hence, the hike in the prices of diesel and cap on...
More »Land consent norms ‘eased’
-The Telegraph The rural development ministry has claimed that an amended version of the land acquisition bill has taken into account concerns of industry though several cabinet ministers had blocked it last month fearing it would stall industrialisation. In a note last week to all members of a Group of Ministers (GoM) on the bill, the ministry said the revised draft had relaxed key provisions, including consent norms for acquisition of land...
More »Oil PSUs: Decoding the math of loss or under-recovery and what it means-Avinash Celestine
-The Economic Times How right was the government when it stated that the under-recoveries posed a threat to 'our national economy'? Or when the government says that it gave more to the sector in the form of subsidies than it earned as fuel taxes? The government would also like you to believe that the under-recoveries, dependent as they are on the price of crude in the international market, and the exchange...
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