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Boomtown Troubles by Ashok Malik

IT IS one of the inspirational legends of Indian journalism that James Hickey, founder and editor of the Bengal Gazette — this country’s first newspaper, with its first edition going back to January 1780 — was a fearless seeker of the truth, taken to court and imprisoned by Warren Hastings, then governor-general. Reality is a little different. Hickey’s paper was often a gossipy, yellow rag. It thought nothing of publishing scurrilous...

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SFIO to have powers to prosecute companies by Devesh Kumar

The Serious Fraud Investigation Office (SFIO) will have powers to investigate and prosecute corporate entities under the Companies Bill, 2011, expected to be cleared by the Union Cabinet before Diwali.  The bill also envisages rotation of company auditors for higher accountability, corporate social responsibility, a more effective regulation of related party transactions and stricter provisions to prevent siphoning of funds through subsidiary and associate companies.  The government expects the bill to modernise,...

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Farmers' union threatens six-month farming holiday by Gargi Parsai

The members of Bhartiya Kisan Union on Tuesday threatened to take a six-month holiday every year for 10 years from framing if the government fails to take note of the hardship faced by farmers over rising prices and acquisition of farm land for commercial activity. Rakesh Tikait of Uttar Pradesh said with increasing input costs, farmers were finding it difficult to cultivate round the year. “If the government does not pay...

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Centre May Match NREGA Payouts With Minimum Wages in States by Devika Banerji

The Centre is likely to raise remuneration under its rural job guarantee scheme and align it with the notified minimum wages of states following a court order last month.  Millions of workers enrolled under the government’s Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) are entitled . 100 a day for a minimum of 100 days of work in a year. Despite the wage now being linked to the consumer price...

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Government toed Union Carbide's line on compensation: RTI by Shahnawaz Akhtar

Just months after the 1984 gas leak at Union Carbide's plant here, the Indian government agreed to the 'terms' set by the company on compensation to be paid to victims, a Right to Information (RTI) activist has claimed. Not only that, the government treated the world's worst industrial disaster as a 'railway accident'. 'We have obtained top secret documents dated Feb 28 and March 5, 1985, that show that Union Carbide...

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