The Union Environment Ministry on Friday issued a show cause notice to the controversial Lavasa Corporation LIMited (LCL), raising serious questions over a number of its constructions that it deems as ‘violations.' Lavasa, India's first hill city, is the ambitious project undertaken by Hindustan Construction Company (HCC) about 45 km from Pune. To be built over 25,000 acres, the luxurious city now faces a serious problem with the Ministry notice. The company...
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Bribe scam unearthed; top LIC, bank officials held by Vinaya Deshpande
The Economic Offences Wing of the Central Bureau of Investigation has unearthed a multimillion-rupee bribery scam and arrested top officials of public sector banks and financial institutions, including the Chief Executive Officer of the Life Insurance Corporation Housing Finance LIMited. On Tuesday, the CBI conducted raids in Mumbai, Delhi, Chennai, Jaipur, Kolkata and Jalandhar and seized some documents. “Five separate cases have been registered,” Joint Director P. Kandaswamy told a press...
More »Strengthening the CAG's hands by Ramaswamy R Iyer
The institution of Auditor General, established in 1860, became Comptroller and Auditor General of India (CAG) with the commencement of the Constitution. On the occasion of the initiation of year-long celebrations to mark 150 years of the institution, may one, as a former member of the Indian Audit and Accounts Service, put forward a few suggestions (numbered for convenience) aimed at enhancing the effectiveness of the institution? 1. It is a...
More »RTE admission rules out: No profiling kids by Akshaya Mukul
After months of debating the issue and seeking the law ministry's opinion, the HRD ministry on Tuesday finally issued guidelines about screening of children at the time of admission under the Right to Education Act. HRD minister Kapil Sibal said, "We have taken the law ministry's clearance to issue the guidelines on screening. The RTE Act will be amended later. Had we gone in for an amendment on screening now admissions...
More »Employment generation and Agriculture Sector should be given top importance: ILC recommends
The two day 43rd Session of the Indian Labour Conference (ILC), the apex national tripartite body that discusses key issues affecting labour and employment and provides policy perspectives and recommendations, concluded in New Delhi today. The Conference was inaugurated by Prime Minister Dr. Manmohan Singh on Tuesday 23rd November 2010. Senior level representatives of the three pillars of the tripartism, Trade Unions, Employers’ Associations and Government, participated in the deliberations...
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