-The Business Standard   Political rhetoric dominated the Federation of Indian Chambers of Commerce and Industry (Ficci) annual executive committee meet today, even as two key faces of Mamata Banerjee’s administration reiterated the government’s stance of not acquiring land for industry. “Under no circumstances will the government acquire land for the industry,” Partha Chatterjee, West Bengal’s commerce and industries minister told the industry body. Also present at the event was state’s finance...

Civil society groups have opposed a government proposal to rid its flagship rural jobs guarantee programme of malpractices, saying the plan is "hazy and lacks clear direction". The opposition to the proposal, which seeks social and financial audits of schemes under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), comes at a time when the government is facing the heat of a campaign led by social activist Anna Hazare over...

As bank gears up for competition, it may further dilute environmental safeguard policies WITH financial institutions of emerging economies like India and China getting big time into development lending, the World Bank plans reforms to attract its borrowing countries. Some of the important plans are to disburse loans faster and on flexible terms. Bank watchers and civil society groups say the reforms, expected to be in force by the year-end, would...

Vinod Rai’s searing honesty in his job as the country’s CAG has the government in many a bind CAG Catch 1     2G Spectrum, 2010     The CAG audit over a six-year period from 2003 finds loopholes in the implementation of norms, leading to DoT allocating spectrum at 2001 prices. Estimated loss to exchequer: the now-household figure of Rs 1.76 lakh crore.     Outcome Former telecom minister A. Raja, MP Kanimozhi, telecom and...

-The Hindu   Team Anna on Saturday concluded its programme of contacting political parties with a call on Congress president Sonia Gandhi ahead of Sunday's all-party meeting on the Lokpal Bill. Ms. Gandhi assured social activist Anna Hazare that she would convey his views to the government, according to Congress general secretary Janardhan Dwivedi, who was present at the meeting. Finance Minister Pranab Mukherjee, who headed the joint panel on the Lokpal...