-The Hindu Since 2005-06, taxes and Duties for the corporate world and the rich have been written off at the rate of Rs.7 million a minute on average. Duties waived on gold and diamonds in the last 36 months equal the 2G scam amount Forbes has just added an “errata” to Union Finance Minister P. Chidambaram’s budget speech. The Minister had found a mere 42,800 people in the country with a taxable...
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Violations of RTE in Delhi schools, reveals survey-Gaurav Vivek Bhatnagar
-The Hindu ‘Need for effective time-bound grievance redressal mechanism to deal with violations that are happening on the ground’ A study on implementation of the Right to Education Act in Delhi in three years of its existence has revealed “overwhelming violations’’ of the norms on the ground. The study by NGO Josh, with support of VSO India, has noted that while “73 per cent of the schools had contract teachers’’, in 99 per...
More »CBSE Bill makes States jittery over their diminished role-Bageshree S
-The Hindu A proposed legislation to make the Central Board of Secondary Education (CBSE) a statutory body, the draft of which is in circulation among the States for comments, has made Education Department officials of States apprehensive. They fear that it will result in hundreds of elite schools affiliated to the Board going completely beyond their monitoring mechanism. While the rules of the Right to Education (RTE) Act give an important role...
More »Days of excessive profits are over-Ajay Dsouza
-The Hindu New, more fair and transparent norms for iron ore mining are now being put in place in many States Hit by debilitating mining curbs (including an outright ban in some States) and a clampdown on exports through high Duties, India’s iron ore industry today is a pale shadow of what it was for much of the last decade, despite some recent forward movement on restarting iron ore mining in Karnataka,...
More »World Bank bans L&T for forgery
-PTI Castigates the company for fraudulent practices in winning an aided project in Tamil Nadu The World Bank has barred Larsen & Toubro (L&T) from doing any business with it or the projects funded by it for six months, after finding that a senior executive of the conglomerate has indulged in fraud. The debarment will continue till September 6, making L&T ineligible for being awarded contracts for any World Bank-funded projects, from receiving...
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