-The Times of India The UPA-1's Rs 52,000 crore farm loan waiver scheme is turning out to be a big financial scandal. Out of 1 lakh farm loan waiver accounts audited in 700 bank branches across the country — involving disbursement of Rs 500 crore — about 30% of the waiver amount was allegedly found to have been siphoned off by a nexus of bank managers and microfinance institutions (MFIs). A comptroller...
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Public hearing on power plant turns violent-BVS Bhaskar
-The Hindu Hearing of proposed 100-MW thermal power plant of KPR Industries postponed after stones thrown at dais Balabhadrapuram (East Godavari): The public hearing on the proposed 100 MW thermal power plant of KPR Industries (India) Limited on Wednesday between Dontamuru of Rangampeta mandal and Balabhadrapuram of Bikkavolu mandal in East Godavari district was disrupted by villagers and some ‘outsiders’. A total of 40 persons, including four policemen, were injured in lathi-charge and...
More »A committee to ‘administer’ a ‘market price’ for gas-Sunjoy Joshi
-The Hindu In his article in The Hindu (editorial page, “Making a mockery of domestic gas pricing,” January 18, 2013, Surya P. Sethi attacks the gas pricing formula proposed by the Rangarajan Committee, curiously enough, for being based on numbers from foreign markets that do not reflect the supply, demand or cost of production in India. I say “curiously” because on the exact opposite side, domestic producers are also pillorying the committee’s...
More »Violence rocks Dalit hostel as Patna varsity looks the other way-Rahi Gaikwad
-The Hindu A mob burst on the scene as night fell. Equipped with hockey sticks, bricks, stones, firearms and crude bombs it prepared for an assault. “You are Harijans,” it yelled. “You have no right to read and write. Your work is to mend shoes and chappals. We will keep you as servants in our houses. Your ancestors did the same work. You leave the hostel or else there will be a...
More »Odisha halts Land acquisition for Posco steel plant, withdraws police force after protests -Sabyasachi Dasgupta
-NDTV Bhubaneswar: The Odisha government has put off the Land acquisition for Rs. 52,000 crore Posco steel plant in Jagatsinghpur district today after protests by local villagers since the process resumed last week. The police force deployed at the Gobindpur village near the Posco site will also be withdrawn for now. The move comes a day after standoff between villagers and police when the cops allegedly tried to enter the village. The agitators, including...
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