Under fire from all quarters for its inability to tackle the problem of black money, the government plans to focus on the real estate and gold and jewellery sectors to stanch the movement of unaccounted funds. The proposed white paper on black money, to be tabled in Parliament’s current session, is likely to propose a debate on “offshore voluntary compliance” for tax evaders with large sums stashed abroad, officials involved in...

A probe panel of the road ministry has recommended a CBI investigation into allegations of fraud against private contractors involved in the Lucknow-Muzaffarpur highway project. The inquiry committee, instituted by the Ministry of Road Transport and Highways, supported findings of the World Bank Institutional Integrity Unit report, which alleged fraudulent practices and graft by private contractors involved in the Lucknow-Muzaffarpur highway project. The committee, formed in April by minister CP Joshi, recommended...

-The Economic Times The prospect of political cartoons going out of textbooks is a dangerous one. Lessons will become drab again. Worried scholars say the move could signal a devastating reversal in what was nothing short of a revolution in textbook-writing in India. Besides, an HRD ministry panel had vetted and cleared the text books, they say. A beleaguered NCERT, which designed and published the books, has set up a committee to...

Religious and social groups have trampled on the freedom of expression of artists and scholars to serve their own agendas. “FOR all the big talk about India's great tradition of cultural and religious tolerance, many forces in the social life of our country and a number of established organisations, including the so-called non-political ones, have time and again resorted to blatant suppression of freedom of expression, pointing forcefully to the...

The World Bank's allegations of fraud and corrupt practices in highway projects funded by the multilateral agency could just be the tip of the iceberg. The Bank's report has an annexure of "collateral" evidence showing how contractors produced fake invoices and certificates to get advance from National Highways Authority of India (NHAI). The investigation team of World Bank's Institutional Integrity Unit tracked down three companies supplying aggregates (construction material) in Nepal...