Why we are doing this story * Tribal lands are under pressure across India. In Orissa, they have been holding out against big corporates like Vedanta and Posco. *** From afar, the fumes rising from factory chimneys in Gujarat’s industrial belt make them seem like skyscrapers on fire. It’s a grey rust-and-chemicals stretch that they call, without irony, the Golden Corridor. It extends all the way from the north of Ahmedabad, through...
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Black money in Swiss banks down 50% since '06
-The Times of India The information on tax evaders and those who have stashed unaccounted money abroad has started trickling in, with the government admitting for the first time that total deposits of Indians in Swiss banks have come down by more than 50% in the last five years. The total liabilities of Swiss banks towards Indians have declined in the last five years. The deposits of Indians have come down from...
More »Lokayukta report on illegal mining names Yeddyurappa, Kumaraswamy by Johnson T A
Bangalore : Karnataka Chief Minister B S Yeddyurappa, currently holidaying in Mauritius, is among a slew of politicians set to be named in a damning Lokayukta report on the illegal plunder of Karnataka’s iron ore resources over the decade. Cutting across party lines, the 8,000-page report also names the Reddy brothers of Bellary, Congress Rajya Sabha MP Anil Lad, former chief minister H D Kumaraswamy and BJP MLA Anand Singh. While it...
More »Jairam to tour Naxal-hit areas-by Sreelatha Menon
New rural development minister Jairam Ramesh, who declared his intent to focus on Naxal-hit areas on the day he took charge, is set to visit these. Ramesh, who his ministry officials describe as a man in a hurry, is setting off to Raipur, Jagdalpur and a few more places in Chhattisgarh. The visit is likely this week, sources said. At the signing of a loan agreement today with the World Bank...
More »The property of black money
-The Hindu Since the time of Dadabhai Naoroji, Indians have always been captivated by the idea that our national wealth is slowly being drained abroad. That is why the Supreme Court's decision to set up a Special Investigation Team to ensure the return of money stashed abroad will be widely welcomed. What happens to the ill-gotten gains stashed at home, however, is anybody's guess. Black money is generated by the...
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