The Italian phrase "lascia il tempo que trova" (it leaves the air it finds) does a better job of describing Pranab Mukherjee's budget than India's corporate media would ever dare to do. To put it mildly, the budget this year, is yet again, an utter disappointment for the food and agriculture sectors. To begin with, flagship schemes like the midday meals and the Integrated Child Development Services did not, unlike in...
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63 people under scanner in 2G spectrum case, CBI tells SC
Sixty-three persons, including promoters and CEOs of 10 telecom firms have come under its scanner in the 2G spectrum case, the CBI on Tuesday told the Supreme Court which expressed satisfaction over the ongoing probe. The central government, which is also party to the case, informed a bench of justices G S Singhvi and A K Ganguly that it is in favour of setting up a special court to try...
More »GoM splits over PM in Lokpal purview by Josy Joseph
The age-old debate of whether the PM should be brought under the Lokpal has returned to the centre of discussion at the highest echelons as a group of ministers considers the anti-corruption mechanism. The GoM, headed by Pranab Mukherjee, is laying out UPA-2's roadmap to fight corruption, as it reels under an unprecedented onslaught by gigantic scams all around. Sources said the GoM, in its upcoming meeting, would look at the Lokpal...
More »Ex-CJI's 3 kin found in possession of black money: I-T department
In further embarrassment to former Chief Justice of India KG Balakrishnan, Income Tax authorities on Saturday said they have unearthed black money in possession of three of his relatives during their investigation into allegations of amassment of wealth by them. "As far as Justice Balakrishnan is concerned, I cannot say anything. But as far as his relatives-- two sons-in-law and brother are concerned, we have found there is black money", director...
More »How not to tackle the black economy in India by Arun Kumar
Technically, we know how to check the black economy but the problem is political. More studies or committees and treaties with foreign governments are only to stall action. Another Joint Parliamentary Committee has been announced. The government has been trying to create an impression of being proactive with regard to tackling the black economy. The President's address and the speech by Sonia Gandhi in January mentioned the need to curb it....
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