-Yahoo.com The Comptroller and Auditor General on Friday tabled three reports -- on power, coal and airports -- in Parliament, almost indicting the UPA government for allegedly 'causing' a loss of more than Rs 1.86 lakh crore to the exchequer. The report has also lambasted the government for favouring private companies who benefitted from such 'largesse', giving the opposition parties a lot of fodder to them to hit out at the government...
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Coal: Govt slams Rs. 1.86 lakh cr loss report; BJP asks PM to quit
-The Hindustan Times Rapping the government for its failure to timely implement the competitive bidding mechanism for allocation of coal blocks, CAG on Friday said part of the Rs. 1.86 lakh crore loss could have been partially tapped had the procedure been put in place earlier. In its report, tabled in Parliament, CAG said 25 firms including Essar Power, Hindalco, Tata Steel, Tata Power and Jindal Steel and Power were benefited to...
More »PMEAC Estimates 0.5% Farm Growth for 2012-13
-PTI Prime Minister's Economic Advisory Council today said poor monsoon is likely to pull down farm sector growth rate to 0.5 per cent in the current financial year, a projection that is even lower than in 2009-10 when monsoon was the worst in 28 years. The growth in the agriculture sector was one per cent in 2009-10 when production had fallen by 16 million tonnes due to poor monsoon. As many as...
More »For Centre, SC the only court: Madras HC-A Subramani
-The Times of India CHENNAI: How can a Union minister go around issuing statements on the commissioning of the Kudankulam nuclear power plant when a court is still seized of the matter, the Madras high court asked on Thursday. "He says the plant is going to be opened shortly. If that is so, why do you come to court?" asked a bench of Justices P Jyothimani and P Devadoss. Though the bench...
More »Assam ethnic violence spreads to new districts-Prabin Kalita
-The Times of India GUWAHATI: The ethnic violence between Bodos and Bengali-speaking Muslims, which sparked off in Kokrajhar on July 20 and soon affected neighbouring Chirang and Dhubri districts, has spread to new areas with fresh incidents of violence being reported from Baksa, Nalbari and Kamrup (rural) in the past 12 hours. There was no report of any loss of life. On Wednesday midnight, after miscreants set a Tata Nano car on...
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