Further political unrest in Andhra Pradesh may lead to jobs and investment being moved out of the state, industry bodies have warned amid the Telangana tension. “The politicians should realise that companies have the option to move jobs elsewhere,” Som Mittal, president of software industry body Nasscom, said at the weekend. He cited how jobs were moved out of Visakhapatnam to Chennai and Pune because of the counter-Telangana protests in 2009. “We have...

The Central Information Commission (CIC), the final appellate authority for the Right to Information (RTI) Act, has asked the Planning Commission to include disclosure norms in all future public-private-partnership (PPP) projects undertaken by the Centre and the state governments. Chief Information Commissioner Satyananda Mishra has written to Planning Commission deputy-chairman Montek Singh Ahluwalia to incorporate disclosure norms, so that any project which has the participation of private firms and concessionaires come...

In a bid to facilitate agriculture and rural development in the backward state, Nabard today launched a Rs 25,019 crore credit plan for Orissa during 2011-12. The credit plan was launched by state Finance Minister Prafulla Ghadai at the state level credit seminar here. While annual credit plan for the state during the current fiscal is Rs 16,915 crore, it was increased by 48 per cent for 2011-12. While agricultural...

Telecom minister Kapil Sibal today termed “utterly erroneous, baseless and sensational” the government auditor’s estimate that the alleged 2G scam resulted in a presumptive loss of Rs 1.76 lakh crore. Sibal gave a detailed explanation of the priorities that drove the telecom policy and the benefits over the years to “the aam aadmi” — something his predecessor A. Raja did not or could not articulate till now. Drawing a parallel with free...

A CBI probe has indicted a former chairman of India’s technical education regulator for approving increased student intake by a private engineering college 10 years ago despite the institution lacking adequate infrastructure. The indictment of R. Natarajan comes days after the agency had nailed the now-suspended All India Council of Technical Education (AICTE) chairman, R.A. Yadav, in another corruption case. Natarajan was head of the AICTE when the regulator allowed the Chennai-based...