I have not read the Private Member's Bill on media regulation that Meenakshi Natarajan was scheduled to move in Parliament last week so I am not in a position to comment upon it, but I am certainly of the opinion that the media (both print and electronic) needs to be regulated. Since my ideas on this issue have generated some controversy they need to be clarified. I want regulation of the...
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After NREGA, CAG to conduct audit of Indira Awas Yojna
-The Economic Times The rural development ministry has deepened its engagement with the Comptroller and Auditor-General. After the performance audit of NREGA, CAG will take up an audit of the Indira Awas Yojna. The audit of the Mahatma Gandhi National Rural Employment Guarantee Scheme which has an annual budget of 40,000 crore covers the period between 2007 and 2011. Rural development minister Jairam Rameshwill submit the report this winter session. "Every year, CAG...
More »JNNURM, farmers’ loan waiver scheme under CAG lens by Pradeep Thakur
The Comptroller and Auditor General (CAG) is giving final touches to two reports where it has pointed out anomalies in allocation of funds under the centrally-runJNNURM scheme and UPA government's debt waiver to farmers in 2008, something the opposition may use as a stick to beat the government during the budget session. In the Jawaharlal Nehru National Urban Renewal Mission (JNNURM), the CAG, sources said, is reviewing how central funds were...
More »Companies Bill: arrest power for SFIO
-The Financial Express Corporate fraud investigation body SFIO will have the power to carry out arrests once the new Companies Bill is passed by Parliament, Corporate Affairs Minister Veerappa Moily said today. "SFIO shall have the power to arrest in respect of certain offences of the Bill which attract the punishment for fraud. Those offences shall be cognisable and the persons accused of any such offence shall be released on bail subject...
More »Self-regulation is no regulation, says Katju
—PTI Dismissive of the news broadcast industry's self-regulatory mechanism, Press Council of India Chairman Justice Markandey Katju has said if TV channels do not want to come under the PCI they should choose another body like the Lokpal. “Self-regulation is no regulation and news organisations are private bodies whose activities have a large influence on the public and they also must be answerable to the public,” he said. On Sunday, Justice Katju wrote...
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