The Centre has signed deals or is in talks with 78 countries besides Switzerland to amend double taxation avoidance treaties to facilitate information-sharing on slush funds held by Indians abroad. These countries include Mauritius, Brazil, Canada, Italy, the UK, the US, the UAE and the Channel Islands. The Swiss parliament is set to ratify the tax treaty with changes which will allow India to gain access to information on black money held...
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Hint of FDI in food retail by Jayanta Roy Chowdhury
The government is seriously considering minority foreign stake in food retail in the wake of the spurt in food prices. “FDI in (food) retail will lead to demand-driven farming and that can result in clusterised high-growth farming,” food processing minister Subodh Kant Sahay told the The Telegraph. Cabinet secretary K.M. Chandrasekhar is believed to have gone even further — reportedly endorsing a proposal of the department of industrial policy and promotion (DIPP)...
More »If villagers won't go to town, town will come to villagers by Aman Sethi
Chhattisgarh tribals punished for exercising rights under Panchayat (Extension to Scheduled Areas) Act It was unconstitutional, violation of PESA, says petition It was pushed by local administration, politicians to set up thermal power plant One morning in March 2010, residents of Premnagar awoke to discover they were villagers no more. An administrative notification had dissolved Premnagar's village council or gram panchayat and replaced it with a city council or nagar panchayat. Unbeknownst to...
More »Journalists in 2G tapes will face PAC: Joshi
Journalists, whose names have cropped up in the 2G scam tapes, will face the Public Accounts Committee, PAC chairman Murli Manohar Joshi has said. Joshi, in an interview to Aaj Tak, said, "Editors and senior journalists who have incriminated themselves in a way on the 2G scam tapes will be summoned by the PAC", Joshi said. He added that the telecom scam had caused huge losses to the exchequer and that if...
More »Digvijay blames MP government for farmers' suicide
Condemning the BJP-led Madhya Pradesh government for the continued suicides by farmers in the state, Congress general secretary Digvijay Singh on Thursday said the 'insensitive behaviour' of the state government was forcing farmers to take the extreme step. In a statement issued on Thursday, Singh said that "because of the state government's insensitive behaviour, farmers were losing patience and being forced to take the extreme step of ending their lives." Seven farmers...
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