The CPM today came out in support of Anna Hazare but, in doing so, found itself on the same page with the BJP, a party with which the Left wouldn’t want to be associated with, especially in election season. Prakash Karat pledged support to Hazare over the Lok Pal Bill from Coimbatore, where he was campaigning for the Tamil Nadu polls on April 13. Polls in Left-ruled Kerala and Bengal also...
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'It's Sharad Pawar's old habit to indulge in corruption'
It's Sharad Pawar's old habit of indulging in corruption. Yes, I am levelling charges. Take me to court, I will prove the allegations," said activist Anna Hazare in New Delhi, as he began his fast unto death strike against corruption on Monday. Hazare's is campaigning for a compressive Lok Pal Bill to give wider powers to the ombudsman to check corruption attracted a huge crowd of over 3,000 people at Jantar...
More »Satyam and PwC are fined in US for accounting FRAud
Satyam Computer Services and its former auditor PricewaterCoopers (PwC) have agreed to pay a combined $17.5m (£10.7m) in fines in the US after one of India's biggest corporate scandals. Satyam, an outsourcing company, will pay $10m for falsely reporting more than $1bn in profits over five years. The company's chairman Ramalinga Raju admitted to the FRAud in 2009. Satyam's shares were indirectly traded on the New York Stock Exchange (NYSE) as well as...
More »Former soldier Anna Hazare now fights for Lokpal Bill by Makarand Gadgil
Hazare is now fighting possibly the biggest battle of his life, by launching an indefinite hunger strike in New Delhi to press for an early enactment of a Lokpal Bill, legislation that would create public ombudsmen to investigate corruption charges against public servants Anna Hazare is a veteran of many battles—as a former soldier and then as a social activist who has forced at least half a dozen Maharashtra ministers to...
More »Cash delusions by Praful Bidwai
Cash transfer as substitute for state service provision is a dangerous recipe for callously anti-poor and corrupt governance. THE staggering number of recent articles, papers and books on the virtues of giving cash in place of public services to the poor has created an impression that a sort of epidemic has broken out. Economists, policymakers, bureaucrats and newspaper commentators are all infected by it and are in turn infecting others. The central...
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