-The Economic Times A panel set up by the Supreme Court to investigate Karnataka's illegal mining mess has made some important recommendations. It says 49 licences are patently illegal and should be scrapped. Another 72 mining companies should be fined for operating outside sanctioned areas. It also asks for Karnataka's iron ore output to be capped at 30 million tonnes, down a third from its 45-million-tonne level till the court banned all...
More »SEARCH RESULT
2G windfall for social sector by Gaurav Choudhury
The Supreme Court verdict cancelling all the 122 telecom licences that jailed former telecom minister A Raja had issued to eight firms in 2008 has unexpectedly opened up a new window that can help the government earn up to Rs 75,000 crore. The revenue raised from the fresh Auction of spectrum freed up after last week's SC ruling will come as a welcome relief for the government that has been struggling...
More »Not to grab executive powers: 2G judge by Asok Kumar Ganguly
Justice Asok Kumar Ganguly,who was part of the two-judge Supreme Court bench that delivered the 2G verdict on Thursday, has written the following article in response to The Telegraph report on Saturday that had quoted former Lok Sabha Speaker Somnath Chatterjee. The former Speaker has since said The Telegraph report had given rise to a wrong impression and his comments were strictly confined to policy, not executive decisions. “What I...
More »Auctions, options
-The Indian Express SC is right that natural resources are held in public trust, but its comments on allocation are simplistic In its ruling in the 2G spectrum allocation case, the Supreme Court said that Auctions were the best route for allocation of finite natural resources. “While transferring or alienating the natural resources, the State is duty bound to adopt the method of Auction by giving wide publicity so that all eligible...
More »SC scraps UPA’s Licence Raja by Krishnadas Rajagopal
Sending a clear message that the 2G spectrum allocation of 2008 is a scam and not the result of a government policy decision, the Supreme Court today quashed the grant of 122 UAS licences and allocation of spectrum to 12 private companies. Even as the trial in the 2G case progresses in a Patiala House trial court in Delhi, a bench of Justices G S Singhvi and A K Ganguly held...
More »