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Companies Bill: arrest power for SFIO

-The Financial Express Corporate fraud investigation body SFIO will have the power to carry out arrests once the new Companies Bill is passed by Parliament, Corporate Affairs Minister Veerappa Moily said today. "SFIO shall have the power to arrest in respect of certain offences of the Bill which attract the punishment for fraud. Those offences shall be cognisable and the persons accused of any such offence shall be released on bail subject...

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Higher spending on education is not improving dismal outcomes

-The Economic Times   India came 72nd of 73 nations in the Programme for International Student Assessment (PISA) competition, despite fielding students from its best states, Himachal Pradesh and Tamil Nadu. The dismal quality of Indian education is confirmed by the latest Annual Status of Education Report (ASER).  Throwing money (Sarva Shiksha Abhiyan) and legislation (Right to Education Act) at education has produced no quality gains at all. Abhiyan spending is up from...

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Identity crisis

-The Indian Express Ever since the Unique Identification (UID) project rolled out, it has had to weather hit-and-run Attacks. Concerns about privacy and budgets have been mounted from influential staging posts in attempts to derail the project altogether by isolating the UID Authority of India within the government. Yet the promise of the project, aimed at offering every Indian a secure proof of identity, is so powerful that its momentum remains...

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PM intervenes to put an end to UID row by Bharti Jain

The Prime Minister's Office has intervened in the simmering dispute between the home ministry and the Planning Commission over the capture of aadhaar biometrics by ensuring that the issue will be taken up by the Cabinet Committee on UID next week. According to a government source, principal secretary to the prime minister Pulok Chatterjee is learnt to have told officials handling the issue that UID, a major initiative of UPA,...

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Jolt to Krishna as HC allows probe into illegal mining case

-The Times of India   The Karnataka high court on Friday allowed investigation against external affairs minister SM Krishna and JD(S) leader HD Kumaraswamy responding to a private complaint about illegal mining. Partly allowing their petitions seeking the quashing of the complaint, Justice N Ananda ordered the continuation of Lokayukta investigations in respect of Krishna dereserving forest land for mining and Kumaraswamy favouring a firm. The judge observed: "The dereservation was in contravention of...

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