-First Post Here’s the real reason why sociologist Ashis Nandy should be in the dock of public criticism. There is almost no evidence whatsoever to substantiate his observation that the backward classes and Dalits are seen as more corrupt because they are less good at hiding it than their upper class compatriots. Nandy is facing police investigations for saying at the Jaipur Literary Festival (JLF) last week that “most of the corrupt...
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Shell India accused of tax evasion-Utpal Bhaskar, Remya Nair and Amrit Raj
-Live Mint Income-tax department says firm had underpriced intragroup share transfer by Rs 15,000 cr and evaded taxes consequently The Indian arm of Royal Dutch Shell Plc , Shell India Pvt. Ltd, has been accused by the income-tax (I-T) authorities of underpricing an intragroup share transfer by ` 15,000 crore and consequently evading taxes, said a person familiar with the development. Following the notice, which is one of the biggest transfer pricing orders...
More »Cabinet clears new Lokpal Bill-Liz Mathew and Anuja
-Live Mint Cabinet-approved Bill may stir up controversy after it left out a key proposal to bring CBI within its purview On the day that it approved the anti-graft Lokpal Bill, the first murmurs of dissent against finance minister P. Chidambaram’s call for expenditure cuts surfaced in the Union cabinet—over the seemingly piffling amount of `90.38 crore. The cabinet eventually overruled the finance ministry’s objections and approved the infusion of the Money for...
More »Rural women get a taste of economic independence-DJ Walter Scott
-The Hindu Sivaganga offers plenty of scope for work under MGNREGS Sivaganga: For Ramaiyu, a 62-year-old widow and Nagajothi, a young pregnant woman, the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) has provided economic independence and the confidence to face life amid poverty. Hailing from Thondur village, they were among more than 200 women engaged in de-silting the Singathuraipatti Oorani in Melayur Panchayat of Ilayankudi block under the MGNREGS. The aged widow enrolled...
More »How To Waive Crores Goodbye -Lola Nayar and Panini Anand
-Outlook UPA’s populist trumpcard of 2008—the farm loan waiver—has fallen short of its intended target, as a CAG audit throws up The Scheme 2008 Union finance minister P. Chidambaram announces farmer debt waiver and relief scheme in budget; PM Manmohan Singh writes to beneficiaries “seeking their support” Rs 52,275 cr Total Money that was disbursed to eligible farmers across the nation as part of loan waiver scheme Rs 50,000 The loan...
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