Full text of the speech delivered by the Comptroller and Auditor General to young police officers at the Sardar Vallabhbhai Patel National Police Academy in Hyderabad on October 11, 2011. I am happy to be present today at this premiere training institution to address a group of young officers at the threshold of their careers, as well as senior officers occupying responsible positions in the State Police forces. In a world...
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Ministry approves proposal for UID-linked direct subsidy transfer by Surabhi Agarwal
The finance ministry has put its seal of approval on a proposal to directly transfer subsidies to the bank account of a beneficiary that is linked to her Aadhaar, or unique identification (UID) number. The government has previously articulated its desire to experiment with direct transfers to make its management of subsidies more efficient and ensure benefits actually reach the targeted people. In a notification issued on Tuesday, the finance ministry extended...
More »Black money in Swiss banks down 50% since '06
-The Times of India The information on tax evaders and those who have stashed unaccounted money abroad has started trickling in, with the government admitting for the first time that total deposits of Indians in Swiss banks have come down by more than 50% in the last five years. The total liabilities of Swiss banks towards Indians have declined in the last five years. The deposits of Indians have come down from...
More »Tackling Black Economy: SC Takes Control from Government by Arun Kumar
The Supreme Court has converted a high-powered committee of the Government of India, on the issue of black money, into an SIT under its own direction. This is an expression of no-confidence in the executive. The government’s intention in tackling either the problem of black economy or bringing back the black savings stashed abroad is suspect. According to reports, the money stashed abroad by the corrupt businessmen, politicians and others...
More »Aruna Roy, social activist interviewed by Shoma Chaudhury
The Lokpal Bill is in danger of skidding off the rails. As it is introduced in Parliament, eminent activist Aruna Roy tells Shoma Chaudhury why we should not rush into it. THE LOKPAL BILL is now being debated in Parliament, almost 40 years after the idea was first mooted. Unfortunately, parented on one side by decades of wilful government inertia and, on the other, by the panicked hustle of ‘Team...
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