-The Hindustan Times Prime Minister Manmohan Singh on Friday strongly justified the hard economic decisions he had taken recently and asked the common man for support so that he could repeat his 1991 act - rescuing Indian economy from being at the bottom of the heap. "I promise you that I will do everything necessary to put our country back on the path of high and inclusive growth," he said during his...
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CAG to brief PAC on coal issue today
-PTI Sparks are likely to fly in the meetings of Parliament's Public Accounts Committee as it takes up the controversial CAG report on coal block allocations from Friday when the government auditor will brief the panel on the issue. Comptroller and Auditor General Vinod Rai and his team of officials will brief the PAC on the auditor's findings on coal block allocation on Friday. The issue had virtually washed out the entire Monsoon...
More »Crunching numbers to soften Coalgate -Shalini Singh
-The Hindu The CAG has a lot of explaining to do on the methods used to reduce the loss it estimated in its draft report Comptroller & Auditor General Vinod Rai, who has maintained a dignified silence despite being in the government’s line of fire for his controversial report on coal, now has no choice but to break his silence. On Thursday, he appears before the Public Accounts Committee (PAC) where he is...
More »Plan panel for revamping National Action Plan on climate change
-The Economic Times With carbon markets at an all time low and prospects of international long-term finance dim, the Planning Commission has suggested reworking the Rs 23,000 crore National Action Plan on climate change. It has reduced the number of missions and refocused them in line with "priorities". In 2008, the government had laid out a national strategy that would address India's development concerns and the challenges that climate change would present....
More »SC springs coal poser
-The Telegraph The Supreme Court today said it couldn’t be a coincidence that only politicians’ friends, relatives and associates were allotted coal blocks and asked the government to explain why it couldn’t implement a 2004 policy of bidding. “You (the Centre) may have a well-laid-out policy, but is it a coincidence that all the allottees are only politicians’ family, friends and associates?” a bench of Justices R.M. Lodha and Anil R. Dave...
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