-The Hindu Internet’s contribution to GDP will grow from $30 billion to $100 billion by 2015 The Internet has established its role as a powerful economic force multiplier with a new study projecting that its contribution to India’s GDP will explode to $100 billion (Rs. 5 lakh crore) by 2015 from $30 billion (Rs.1.5 lakh crore) at present. The study on the “Impact of Internet on the Indian Economy” by McKinsey, which is...
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Flunking Atomic Audits-MV Ramana
-Economic and Political Weekly The recent Comptroller and Auditor General's report on the Atomic Energy Regulatory Board and, more broadly, on nuclear safety regulation has highlighted many serious organisational and operational flaws. The report follows on a series of earlier CAG reports that documented cost and time overruns and poor performance at a number of nuclear facilities in the country. On the whole, the CAG reports offer a powerful indictment of...
More »Ex-CJI, law panel also opposed post-retirement jobs -Maneesh Chhibber
-The Indian Express While Leader of Opposition in the Rajya Sabha Arun Jaitley may have been the first frontline politician to raise the issue of a “cooling-off” period for retired judges, many who have been a part of the higher judiciary have voiced this concern in the past. Former union law minister Jaitley said on Sunday that the “clamour for post-retirement jobs among judges is affecting the impartiality of the judiciary” and...
More »Govt holds out SC lesson before critics
-The Telegraph The Manmohan Singh government has decided to aggressively highlight the Supreme Court’s opinion on allocation of natural resources to debunk the CAG’s coal report that presumed losses of Rs 1.86 lakh crore. Although the government had given a restrained formal response yesterday, senior ministers P. Chidambaram, Salman Khurshid and Kapil Sibal were fielded again today. The ministers carefully avoided attacking the CAG directly but the essence of their argument was that...
More »Water around Union Carbide factory in Bhopal is dangerous: Report in Supreme Court-A Vaidyanathan and Samira Shaikh
-NDTV The Supreme Court has been told that the water around the former Union Carbide plant at Bhopal is contaminated and not fit for consumption. The report was filed today by the Indian Institute of Toxicology Research (IITR), Lucknow, which collected 26 samples from around the factory, from where a poisonous gas leak in 1984 led to the deaths of more than 15,000 people, creating the world's largest industrial disaster. The leak...
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