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Govt mulls new norms, tax sops to revive SEZ boom-Siddharth

NEW DELHI: It could be a second innings for special economic zones, especially those held up for years, with the commerce department proposing fresh tax concessions and a cut in the minimum area requirement to a quarter of the present specifications. The department has suggested that any zone that is not built around the identified 40 million-plus cities and state capitals would be eligible for duty benefits on capital investment for...

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Wal-Mart in bribe scandal

-The Telegraph   The New York Times has reported that Wal-Mart, the US-based retail giant, hushed up an internal investigation sometime after the company was told of a bribery campaign to obtain licences and facilitate rapid expansion in Mexico. Some of the alleged instances of bribery are certain to ring a bell in India where it is not too difficult to bend rules for a price. The New York Times said its “examination...

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Right to Education is the wrong thing for the right reason

-The Economic Times At the peak of Anna Hazare fever last year, anybody disagreeing with his message or prescription was branded pro-corruption. Over the last few weeks, anybody expressing disappointment at the Supreme Court upholding the Right to Education (RTE) Act is being branded anti-poor or elitist. This is unfair and unnecessary: dissent is not treason. The supporters of Anna and RTE have similar TRAIts: impatient, intellectually certain and more interested in...

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Quenching thirst in rural areas-Aparajita Ray

What better elixir than pure water? Thanks to Naandi, a safe drinking water programme, 3,90,536 households in rural areas across four Indian states are benefited.  Naandi, headquartered in Hyderabad, is a not-for-profit organization which works with governing bodies in rural areas, including Karnataka, to provide clean drinking water to the poor. So what really is their modus operandi? It is essentially a community-run programme where the local governing body or gram...

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Manipur to check recruitment of child soldiers-Iboyaima Laithangbam

The Manipur government has taken a serious view of the recruitment of child soldiers by some underground organisations. Talking to Naharolgi Thoudang , a vernacular newspaper, G. Gaikhangam, Home Minister, said that since mature and educated persons would not like to join insurgent outfits, the frustrated groups were targeting children. He had directed Director-General of Police Ratnakar Bralal to keep all police stations in the State on alert. He said it was...

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