State oil firms are under the scanner of the Comptroller & Auditor General of India for supplying diesel at a discount to defense establishments and Indian Railways and claim compensation on the revenue loss from upstream companies and the government. Executives in state-run Indian Oil Corp, Hindustan Petroleum and Bharat Petroleum have accepted that they offer small discounts to these customers and denied recovering any part of the amount from the...

-The Telegraph   The CBI today began probing an Uttar Pradesh health scam running into thousands of crores that has led to the murders of two honest government doctors and the sacking of two ministers. The issue relates to the spending of Rs 10,000 crore allocated to the state under the National Rural Health Mission. CBI spokesperson Dharini Mishra said the agency had registered five preliminary inquiries on the orders of Allahabad High Court,...

A sudden spurt in employment opportunities in Bihar is posing a peculiar problem for the rest of the country. More than 50 per cent of Bihar's labour force which usually migrates to other states is choosing to stay back for jobs. Till a few years back, Ram Vilas worked as construction labour in Delhi. With Bihar's economy looking up, Vilas has returned to the pavilion, armed with a job in hand. "I...

The Mamata Banerjee government has begun to explore the possibility of modifying a land-ceiling clause to accommodate some concerns of industry. If the proposals are accepted, more industries will be exempt from the land-ceiling rule and transfer of land acquired for setting up industry would be allowed without diluting the new government’s hands-off policy. The land and land reforms department has sent a letter to four departments — commerce and industries, urban...

Consider this. Every time petrol prices rise, oil companies end up losing more money. How? The price differential between petrol and diesel increases further; people start buying diesel-powered vehicles so oil firms bleed more. Even worse, we all bleed because dieselisation adds to toxic pollution in our cities. This, in turn, adds to the health burden and costs. This is all very well accepted. Yet, nobody has done anything to fix...