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India Journal: Why Vedanta Lost and Posco Looks Like a Winner by Rupa Subramanya Dehejia

Two large industrial projects, one poor state, two likely different outcomes — and a long-haired, flamboyant environment minister-turned-crusader starring in both. No, this is not your latest blockbuster but it has the makings of one. As reported Monday, Posco, the South Korean steelmaker, cleared a major regulatory hurdle in its bid for a massive steel project in Orissa. An environment ministry panel gave clearance for an initial steel production capacity of...

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Punjab rules not in sync with RTI Act: CIC by Jasneet Bindra

Taking on the Department of Information Technology and Administrative Reforms, under which the state information commission falls, Punjab CIC RI Singh asserted that the rules framed by the Punjab government were in conflict with the RTI Act. “The powers to make the rules have been vested with the government to carry out the provisions of this Act and not to thwart them,” he said. Singh said although a formal direction to...

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Bengal RTI record abysmal by Ajanta Chakraborty

After a gap of five months, the West Bengal Information Commission held a meeting on Monday. But even as chief information commissioner (CIC) Sujit Sarkar promised to "streamline" things, the panel's performance since its inception in 2005 has been nothing to write home about. Among those who keenly studied implementation of the Right to Information Act, 2005, in Bengal is Magsaysay awardee Arvind Kejriwal. Findings by Kejriwal's Public Cause Research...

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Bofors ex-accused 'given bribes' in India arms deal

India's income tax department has ruled that illegal commissions were paid to an Italian businessman accused over an arms scandal which ended Rajiv Gandhi's term as prime minister 20 years ago. It found over $9m was paid as commissions to Ottavio Quattrocchi and an Indian arms dealer, Win Chadha. In 2009, India dropped a graft case against Mr Quattrocchi and withdrew his name from the Interpol "wanted list". The main opposition BJP has...

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'Scam' in loans to Lavasa, Adani

Over a month after the CBI cracked down on the alleged multi-crore kickbacks-for-loans scam, investigators are believed to have found irregularities in the loan files of at least eight companies, including Lavasa, DB Realty, Mantri Realty and Adani Group. In November, the CBI had arrested three members of Mumbai-based financial service company Money Matters and four others for their involvement in the alleged loan scam. The CBI, after going through loan...

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