Foreign companies affected by 2G verdict can invoke investment treaties The cancellation of the Unified Access Service Licence with 2G spectrum to telecom companies by the Supreme Court is celebrated as a triumph of the rule of law over jobbery and nepotism. Amidst this celebration, it is pertinent to understand the ramifications of the ruling. Since it affects foreign companies like Telenor of Norway, Sistema of Russia, and Etisalat of the...
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Haryana n-plant land survey stopped as farmers protest
-Express News Service Work on the survey of land at Gorakhpur village — the site for Haryana’s first nuclear power plant — came to a halt on Monday after irate villagers held three engineers of a private company hostage for five hours. According to sources, the engineers of DBM Geo-Technology and Construction Company, working for the Nuclear Power Corporation of India LIMited, had gone to the village without taking the local administration...
More »Auctions, options
-The Indian Express SC is right that natural resources are held in public trust, but its comments on allocation are simplistic In its ruling in the 2G spectrum allocation case, the Supreme Court said that auctions were the best route for allocation of finite natural resources. “While transferring or alienating the natural resources, the State is duty bound to adopt the method of auction by giving wide publicity so that all eligible...
More »FSSAI rejects Ministry’s bid to back import of ‘sub-standard’ food grains by Archana Jyoti
If the Consumer Affairs Ministry had its say, imported food grains and pulses containing hazardous foreign matter would have made its way on to the Indian platter. In fact, import of damaged grains too would have been a possibility - on the pretext of the country witnessing inadequate food grains’ production. The Ministry, besides a number of importers, had called for a relaxation in the existing set norms for the import...
More »Learnt in Godhra, forgotten in Jaipur by Aakar Patel
It is difficult to explain to Indians the wrongness of collective punishment. This is because our identity is collective, and so is our behaviour This month is the 10th anniversary of the incident at Godhra and the events in Gujarat that followed. When the violence began, it was said that the media had made the violence worse. Often this was by its innocence and sometimes by its malice. Was this true? The...
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