-The Economic Times A panel set up by the Supreme Court to investigate Karnataka's illegal mining mess has made some important recommendations. It says 49 licences are patently illegal and should be Scrapped. Another 72 mining companies should be fined for operating outside sanctioned areas. It also asks for Karnataka's iron ore output to be capped at 30 million tonnes, down a third from its 45-million-tonne level till the court banned all...
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Antrix-Devas deal cancelled for national security: V. Narayanasamy
-IANS The central government cancelled the Antrix Corporation-Devas Multimedia deal for reasons of national security and not for purported loss of revenue in sale of spectrum, Minister of State in the Prime Minister's Office V. Narayanasamy has said. He also said the government was not discriminating between space scientists and Indian Administrative Service (IAS) officials and, based on their culpability, punitive action would be taken against the latter too. "We did not cancel...
More »Maheshwar dam power cost put at Rs. 10 a unit by Gargi Parsai
The worst fears of the Madhya Pradesh unit of the Narmada Bachao Andolan (NBA), have come true with regard to the high per unit cost of power to be produced by the controversial privately-owned Maheshwar hydro project in Madhya Pradesh: Information revealed through an RTI application shows that the private company developing the dam has projected the average cost of electricity to be produced at a whopping Rs. 10 per...
More »SC Scraps UPA’s Licence Raja by Krishnadas Rajagopal
Sending a clear message that the 2G spectrum allocation of 2008 is a scam and not the result of a government policy decision, the Supreme Court today quashed the grant of 122 UAS licences and allocation of spectrum to 12 private companies. Even as the trial in the 2G case progresses in a Patiala House trial court in Delhi, a bench of Justices G S Singhvi and A K Ganguly held...
More »Scam collective failure of govt, corporates should refund benefits: Swamy, Bhushan
-The Indian Express The cancellation of 2G licences by the Supreme Court has further exposed the big scam, Janata Party chief Subramanian Swamy said today. He said the scam was a "collective failure" of the government, which "overlooked" warnings given by the CAG and the CVC on the issue. "Everyone had warned including the CAG and the CVC but the government overlooked it," Swamy said soon after the Supreme Court cancelled the 122...
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