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...

For the Government of India the first phase of the national solar mission has been a grand success. It not only managed to attract industry to invest in the generation of an energy considered costly, but also dramatically drove down the cost of producing this energy. In its celebration, little did the government realise that a major conglomerate had subverted rules to acquire a stake in the solar mission much...

-The Hindu   ‘Neo-liberal policies fine-tuned to global capitalist accumulation to blame' Neo-liberal policies fine-tuned to global capitalist accumulation are increasing poverty, mass deprivation and unemployment besides undermining food security in India, economist Utsa Patnaik said on Friday. Delivering the inaugural ‘T.G. Narayanan Memorial Lecture on Social Deprivation' under the auspices of the Media Development Foundation and the Asian College of Journalism here, Prof. Patnaik said contrary to the claims by the Centre about...

-Express News Service   Diversion of huge funds from tribal area sub-plan (TASP) provisions for implementation of projects in other areas has been opposed by the Opposition political parties. The issue was also raised several times by tribal legislators cutting across party lines in different sessions of the Assembly. The Comptroller and Audit General (CAG) has taken exception to large-scale diversion of funds from the TASP to other projects in its latest report...

-The Times of India   Even as the country continues to witness a campaign for a strong anti-corruption watchdog, a report has calculated that between $104 billion and $128 billion (roughly Rs 5 to 6 lakh crore) was illegally siphoned out of India in the decade spanning 2000 to 2009. This works out to an average outflow of about $10-13 billion (Rs 48,000 to Rs 63,000 crore) every year. The report has been prepared...