Good Food is First Food. It is not junk food. It is the food that connects nature and nutrition with livelihoods. This food is good for our health; it comes from the rich biodiversity of our regions; it provides employment to people. Most importantly, cooking and eating give us pleasure. …
The Planning Commission’s Appraisal Has Stressed On Consistent Implementation Of Reforms And Holistic Urban Renewal Pune: Urban planners and activists have criticized the Pune Municipal Corporation (PMC) for their inapt handling of works done under the Jawaharlal Nehru National Urban Renewable Mission (JNNURM). The PMC has spent crores of rupees …
Complains to ministry about co not co-operating with auditors due to differences over scope of the audit The Comptroller and Auditor General’s (CAG) audit of the controversial KG-D6 gas fields operated by Reliance Industries (RIL) has again cast a shadow on pending approvals for the block’s budget and investment plans. …
Tells Supreme Court system was not transparent The Central Bureau of Investigation (CBI) has widened its probe in the coal block allocation scam to cover the delay in introduction of bidding. The United Progressive Alliance (UPA) government had continued with allocation of blocks through the screening committee route, as the …
With only few states utilising the money released to them under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM), the Central government will now release money based on their performance. Earlier, the population of a city was a major criteria to receive the fund aimed at improving infrastructure, transport, drainage …
New Delhi: The Supreme Court on Thursday questioned the Centre's power to allocate coal blocks to firms, saying it has a lot of "legal explanation" to do as the relevant Act in fact empowers only states to undertake this task. The top court said despite the fact that the Centre …
Competitive bidding not done for selecting pvt promoters The office of the Comptroller & Accountant General (CAG) of India has slammed the Odisha government for entering into MoUs (memorandum of understanding) with industrial houses without any policy or guidelines for assessing the need for industries. The CAG which is conducting …
The State Budget for 2013-14 may cross Rs 60,000 crore, about Rs 8,000 crore more than Rs 52,030.70 crore outlay proposed for 2012-13. Odisha’s Gross State Domestic Product (GSDP) for the next fiscal has been pegged at Rs 2.9 lakh crore, which is 11.53 per cent higher than the current …
Petroleum minister Veerapa Moily has prepared a Cabinet note, recommending a new formula suggested by the Rangarajan panel to split profits between the exchequer and fuel producers from oil and gas blocks to be awarded in the future to avoid disputes over timely payment of the state’s share of profits. …
Highlighting the importance of proper audit of the non-government organisations (NGOs), particularly those getting grants from the government, a report based on information received under RTI reveals that the Union and State governments give yearly grants worth Rs.1,000 crore to various NGOs. “At a time when the grants to the …
LUCKNOW: Urban development minister Azam Khan on Friday announced construction of 4,000 houses for urban poor under the 'Aasra' scheme at the cost of Rs 100 crore in the current budget session. Surprisingly, the announced scheme closely resembles an ambitious scheme in the name of former chief minister Mayawati's mentor, …
Bhubaneswar: The Comptroller & Auditor General of India(CAG) has detected large-scale irregularities in allotment of land and houses by the Orissa government and estimates a scam of about R4,000 crore. While sending a draft report to the Orissa government, a copy of which is available with FE, the CAG has …
Newly-formed corporation will take up Rs 30,000 crore worth of projects to rehabilitate areas damaged by rampant illegal mining The Karnataka government has proposed to incorporate a special purpose vehicle (SPV) to formulate and implement projects under the Comprehensive Environment Plan for Mining Impact Zone (CEPMIZ). The Supreme Court, on …
The environment ministry has decided to offer a comfort letter to bidders for the first set of coal blocks the government has put on the block but has refused to extend the offer to the ultra mega power projects. The comfort letters are a provisional clearance for the blocks but …
After protracted wrangling, the Comptroller and Auditor General (CAG) will on Wednesday begin the second round of audit of Reliance Industries spending on the flagging eastern offshore KG-D6 gas block. CAG officials are scheduled to reach RIL's Navi Mumbai office on January 9 to begin the scrutiny, sources privy to …
The suggestions are now expected to be vetted by the oil ministry The Rangarajan Committee, looking into the Production Sharing Contracts (PSCs) in the oil and gas sector, has suggested an annual revision based on an average of international gas prices unlike the five-year cap currently in place for gas …
Natural gas prices in the economy are expected to rise as a panel led by the Prime Minister’s Economic Advisory Council chairman C Rangarajan has asked for linking domestic prices to an average of international hub prices and the cost of imported LNG. The report submitted to Prime Minister Manmohan …
The Comptroller and Auditor General (CAG) of India has rapped the Karnataka government for its failure to initiate any time-bound action plan to monitor the implementation of the Karnataka Mineral Policy (KMP), 2008. “Even after a lapse of three years of formation of the committee under the chairmanship of secretary, …
It was named the National Investment Board (NIB), Finance Minister P Chidambaram’s audacious and, some would say, over-the-top move to set up a one-stop clearing agency for big economic projects. His target was the environment ministry, which he saw as delaying things. It has now been renamed the Cabinet Committee …
During the year, govt also contemplated to open up sector for commercial mining Coal fired a minefield of controversies in 2012, fuelled by CAG estimates of a huge Rs 1.86 lakh crore loss for allocation of coal blocks to business houses without auction which served as fodder to the Opposition …
Amidst a row over CAG audit of Reliance Industries’ KG-D6 gas block, the Rangarajan Committee has said official auditor CAG need not audit RIL’s CBM blocks as they are governed by different contractual regime. A panel headed by Chairman of Prime Minister’s Economic Advisory Council, C Rangarajan, said in its …
