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India needs cross media restrictions-Paranjoy Guha Thakurta

The ASCI report says there is ample evidence of “market dominance” in specific media markets, but the government has ignored the report for three years. A ministry official tells PARANJOY GUHA THAKURTA that it is unlikely to be implemented. A report prepared by an independent institution recommending imposition of cross-media ownership restrictions recently entered the public domain nearly three years after it was submitted,  following a rebuke to the government by...

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CBI stumbles upon appointment scam under NRHM

-The Hindustan Times The Central Bureau of Investigation (CBI) probing the multi-crore National Rural Health Mission (NRHM) scam on Saturday registered a fresh case relating to selective appointment of more than 100 chief medical officers (CMOs) in 72 districts of Uttar Pradesh. The appointments — in total disregard of rules — were made by then ministers Babu Singh Kushwaha and Anant Kumar Mishra in collusion with private contractors to ensure that...

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Airport concessionaire made a fortune out of land acquired at Rs. 4 per square yard from Delhi farmers - Gaurav Vivek Bhatnagar

Farmers, whose land was acquired at a meagre Rs. 4 per square yard in South West Delhi way back in 1955 in the name of undertaking planned development, have now seized upon the opportunity raised by the report of the Comptroller and Auditor General of India — on the loss caused to the exchequer by leasing away of some of this very land by Indira Gandhi International Airport concessionaire Delhi...

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With slowing growth, people are now questioning the long-term Indian story

-The New York Times India's coalition government just celebrated the third anniversary of its tenure with a self-congratulatory banquet that could not have been more poorly timed: India's currency, the rupee, is falling; investment is down; inflation is rising; and deficits are eating away at government coffers. While short-term growth has slowed but not ground to a halt, India's problems have dampened hopes that it, along with China and other non-Western economies,...

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Govt moots one-time tax amnesty to recover black money stashed abroad

-The Times of India The government's white paper on black money, tabled in Parliament on Monday, listed a one-time tax amnesty to recover funds stashed abroad and a gold deposit scheme for locals as possible ways to deal with the menace, while suggesting that individuals get the tax department's go-ahead for all property deals and face undue scrutiny on cash in their possession. It also called for setting up of independent regulators,...

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