-TheWire.in PricewaterhouseCoopers, convicted in the Rs 7,000 crore Satyam scam, had also audited accounts of Vijay Mallya’s firm and the Global Trust Bank, which collapsed. New Delhi: The Narendra Modi government’s appointment of PricewaterhouseCoopers (PwC) India to key projects like black money probes, Digital India, Make in India and Smart Cities project has been questioned by the Citizens Whistleblowers Forum. The group has also expressed concern over the RBI’s engagement of the...
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Stent prices: Firms, doctors got away with looting -Rema Nagarajan
-The Times of India NEW DELHI: The Modi government's efforts to cap the price of cardiac stents exposed the nexus between stent companies and hospitals in looting the public by overcharging them. But no action has been taken against either companies or hospitals. None of them paid penalties or faced charges for colluding to cheat the public. Contrast this with the US government which has, over the years, fined the three biggest...
More »Bleeding banks need more than a bandage -Shachi Singh
-GoI Monitor The NPAs have risen to Rs 10 lakh crore and farm loans make a very small portion of it. Will the recent RBI actions help? THE RESERVE Bank of India (RBI) has decided to act against 12 big corporates responsible for 25 per cent of the Rs 10 lakh-crore non-performing assets (NPAs) in Indian banks. However, despite Supreme Court's order in 2015, the RBI has refused to make the list...
More »Modi Government's Environment Policy Endorses Everything That Bodes Well for Business -Garima Maheshwari
-TheWire.in The government knows what it wants to achieve where the environment is concerned, even if it is at the cost of the protection of ecosystems, and people’s livelihood and well being. The last three years under the Modi government have seen the transformation of the environment from being a field of relative stability and inactivity, to functioning as an active instrument of capital accumulation. The sharp polarisation between extremely positive initiatives...
More »Anguish over state of nation -Anita Joshua
-The Telegraph New Delhi: A group of retired bureaucrats have written an open letter ruing the "rising authoritarianism and majoritarianism" that is choking dissent, and urging public authorities to take "corrective action" to "reclaim and defend the spirit of the Constitution". "Argumentation and discussion about different perspectives - the lifeblood not only of institutions of learning but of democracy itself -are being throttled," the letter says. "Disagreement and dissent are considered seditious...
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