The CBI and Enforcement Directorate investigations have estimated that former telecom minister A Raja could have got bribes to the tune of Rs 3,000 crore, and have put the loss to the exchequer due to selling of spectrum at undervalued rates at Rs 40,000-50,000 crore. The two agencies have linked bribes Raja allegedly got to his order on January 2008 bringing forward the cut-off date for applications for spectrum from the...

The chamber said concrete steps need to be taken to promote investment, given that recent data shows the investment growth rate slowed from 38.1% in 2007-08 to 36.5% in 2009-10 The Confederation of Indian Industry (CII) on Tuesday called for the government to provide tax incentives on agricultural activities in the forthcoming Budget to encourage private participation and adoption of new technologies in the sector. “CII has recommended encouraging private sector participation...

The Supreme Court today hauled up the government for including soft drink industry representatives on food standard panels intended to act on complaints against them and asked it to immediately reconstitute the committees with independent experts. The top court has since 2004 been hearing a PIL filed by the NGO CPIL, which demanded that soft drink companies reveal the contents of their products, including pesticide and chemical contents, if any. In 2006,...

The wait has been long, but Prakash Sheth, 45, can now say it has been worth the wait. In a rare judgment, the chief information commissioner (CIC) awarded Rs2 lakh as compensation to Sheth, who was made to run from pillar to post to get a reply to his RTI query. He had submitted an application to the Insurance Regulatory and Development Authority (IRDA), Hyderabad, on September 29, 2009. He had sought...

The law providing 100 days of wage employment has been heard more for its abuse than its benefits in the five years of its existence. However, we take a look at some positive examples of district authorities experimenting with the National Rural Employment Guarantee Act (NREGA). Except in the case of Sikkim, the examples show the law being implemented entirely by the district authorities rather than the local Panchayat. In...