The Comptroller and Auditor General has alleged that the union power ministry gave “undue benefit” of Rs 1.20 lakh crore — calculated over the next 25 years — to Reliance Power Ltd (RPL) in the ultra mega power projects (UMPPs) at Sasan in Madhya Pradesh and Tilaiya in Jharkhand.   In its report sent to the power ministry last month, the CAG has argued that the government did so by changing coal...

-The Hindu   The Group of Ministers (GoM) meant to consider measures to tackle corruption has directed the Ministry of Law to formulate concrete proposals on Constitutional and statutory amendments needed to consider feasibility of State funding of elections. The GoM headed by Union Finance Minister Pranab Mukherjee is mandated to look at a range of policy initiatives and action required to address corruption. In its first report in September, the GoM had...

-Express News Service   The Group of Ministers on Corruption has asked the Law Ministry to formulate "concrete proposals" on constitutional and statutory amendments that would be required to introduce state funding of elections. According to a government statement, the Law Ministry had made a presentation to the Group of Ministers on this subject on September 30. After that the ministerial group had directed the ministry to formulate specific proposals, excluding such areas where...

The power position in Bengal improved today but alarm bells are ringing over imported coal stocks that are running out fast. “The stock of imported coal will exhaust by the end of this month,” said Krishna Gupta, the managing director of the West Bengal Power Development Corporation Ltd (WBPDCL), the largest electricity supplier in the state. The corporation had last year imported 1.2 million tonnes of coal from Indonesia. “We will come up...

The media imagery of a “liberated” Red corridor extending from Andhra Pradesh, cutting across the heart of India, all the way to Nepal is the most vivid representation of the threat that Maoists pose to our country. The Prime Minister describes the Maoists as India's most serious internal security challenge and the Home Minister rates it as a “problem graver than terrorism.” In search of an effective response, official committees have,...