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70,000-crore scam: Gadkari justifies letter lobbying for controversial dam, contractors -Sabyasachi Dasgupta

-NDTV A letter written by BJP president Nitin Gadkari lobbying for contractors building a mega-dam project in Maharashtra has the Congress demanding his resignation, and the BJP on the defensive. Written on July 30 to Water Resources Minister Pawan Kumar Bansal, Mr Gadkari asks for Rs. 400 crores to be released to the contractors hired for the Gosikhurd dam in Vidarbha. The main contractor is Ajay Sancheti, a BJP member of the...

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Granite Scam: Firm of Alagiri's Son Raided

-Outlook As part of the ongoing probe into the multi-crore illegal granite quarrying scam in Madurai, police today raided the film production company of Union Minister M K Alagiri's son, Durai Dayanidhi, an accused in the case. The police team from Madurai searched the premises of Dayanidhi's cinema company here for nearly an hour, sources said without elaborating. Dayanidhi, for whom a special police team was on the lookout, and nine others are...

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Govt audit blows lid off children's homes mafia-Ravikiran Deshmukh

-Mid Day 'Mafia' set up these establishments across the state to usurp government grants, reveals report submitted by state child rights commission; many of them were being run as hostels and coaching centre Corruption is now so rampant in every sphere in this country that it has become a child’s play for the perpetrators. MiD DAY has learnt that the Congress-led Democratic Front government is sitting on a sensational report submitted by...

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Let’s not overrate foreign investment -Pulapre Balakrishnan

-The Hindu The government’s claim that it will dampen inflation, bring higher prices for farmers and lower prices for customers may be somewhat exaggerated With the intention of signalling a strong commitment to reforms, the UPA government has announced a hike in the price of diesel and liberalisation of foreign direct investment (FDI) in multi-brand retail, justifying the measures as growth-enhancing and inflation-dampening. They have been termed bold by India’s corporate sector...

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Nuanced opinion on allocating scarce resources -S Murlidharan

-The Hindu Business Line The Supreme Court has answered only the first of the five questions posed before it — whether auction is the only permissible Constitutional mode of alienation of natural resources? It has declined to answer the remaining, lest it is misunderstood as interfering with and commenting upon the 2G verdict in which the Apex Court had cancelled as many as 122 telecom licenses. In the event, the 2G verdict stays;...

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