The corruption paranoia, blamed for the policy paralysis at the Centre, is threatening to take a toll on Bengal by clouding the timetable of the much-delayed Jindal steel plant at Salboni. Banks and financial institutions are unwilling to give loans to the project because of uncertainties surrounding the mining sector. The Jindal project may require loans totalling Rs 10,000 crore in the first phase to build a 3-million-tonne plant. The proposed Salboni...
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Didi rejects Ficci request to release AMRI directors
-The Hindustan Times No one is above the law — this was chief minister Mamata Banerjee’s firm response to the Ficci (Federation of Indian Chambers of Commerce and Industry) request to release the seven directors of Kolkata’s Advanced Medicare Research Institute (AMRI). The Delhi-based chamber of commerce had taken the plea that the directors had not been involved in the hospital operations. So their arrest following the December 9 fire, that killed...
More »Central fund to buy equity in Dalit firms likely
-The Times of India Dalit Venture Capital Fund is the next big idea as the Centre looks to roll out 'procurement quota' in government purchases from small and medium enterprises (SMEs). The Fund would seek to buy equity in Dalit companies to provide capital support as investment. The Centre is mulling creation of a special purpose vehicle or a capital support system to help develop entrepreneurs among scheduled castes and tribes. The...
More »Support on streets drives up Lokpal Bill in the House by Smita Gupta
Women's groups may need to take lessons from Team Anna in campaigning for their quota bill Most MPs are opposed to the Lokpal and Lokayuktas Bill, 2011, which was introduced in the Lok Sabha on Thursday, just as they were opposed to the Women's Reservation Bill. But the Lokpal Bill stands a better chance of being enacted. Unlike the Women's Reservation Bill, which had no support on the streets, the anti-corruption law...
More »We want a lean, mean Lokpal: Abhishek Singhvi
-The Hindu Rajya Sabha MP and Congress spokesperson Abhishek Singhvi chaired the 30-member parliamentary panel that presented its voluminous report earlier this month on the Lokpal Bill 2011. The report has points of divergence with both the official Lokpal Bill draft and the Team Anna version. (The Union Cabinet on Tuesday night approved a Bill for the creation of the Lokpal with constitutional status that will have no control over the...
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