A section of the government suspects that “bigger forces” are using the fight against corruption to achieve their “not-so-noble goals” perhaps even unknown to Anna Hazare. Although nobody would go on record, senior functionaries said in private that the destabilising games of some corporate and even international players were behind “the entire show”. “The RSS and other anti-Congress elements might have jumped in with their own little vested interests but the real...

Representatives of Swan Telecom, Reliance, Airtel and Unitech also told to appear before it The Public Accounts Committee (PAC), headed by Murli Manohar Joshi, has summoned corporate lobbyist Niira Radia and Tata Group Chairman Ratan Tata for questioning on April 4 on purported irregularities in the grant of telecom licences. The PAC has also asked representatives of Swan Telecom, Reliance, Airtel and Unitech to appear before it. A Tata spokesperson said Mr....

Amendment is aimed at ‘intermediaries,' but it will end up targeting bloggers The draft proposal to amend the Indian IT Act so as to impose restrictions on intermediaries has provoked a huge outcry in the country, especially among its vocal bloggers. While the proposed rules seek to control the ‘intermediaries' such as telecom networks, web-hosting sites and Internet service providers, search engines, online payment, cyber cafes and auction sites, it is the...

The policy is to promote specific high-value segments within agriculture, where corporate houses have major profit interests. A COMMON compliment that Pranab Mukherjee's Union Budget for 2011-12 received from the media was its proclaimed “friendliness” to agriculture and rural areas. It was not just the media; members of India Inc. welcomed the Budget as “focussed” on agriculture. However, a close look at the Budget estimates reveals a different picture. Public...

The Union budget writes off Rs.240 crore in corporate income tax every single day on average — the same amount leaves India each day in illicit fund flows to foreign banks. In six years from 2005-06, the Government of India wrote off corporate income tax worth Rs.3,74,937 crore — more than twice the 2G fraud — in successive Union budgets. The figure has grown every single year for which data are...