The CAG Draft Report on the audit of the Production Sharing Contracts for the on-shore and off-shore oil and gas blocks is now widely being circulated in the media, showing once again the unholy nexus between the UPA and big capital in the country. The CAG has shown that the Directorate General of Hydrocarbons (DGH) … Read more
The government’s show of flexibility on the demand for a Joint Parliamentary Committee (JPC) probe into the 2G spectrum allocation is a significant development ahead of the vital budget session. Fearing a repeat of the log jam that besieged the winter session of Parliament, the government softening its stand will counter the growing perception of … Read more
ON November 9, 2010, minutes after US president Barack Obama’s departure from India, the Congress high command finally cracked down on Ashok Chavan and Suresh Kalmadi. Ashok Chavan had to quit as the Maharashtra chief minister in the wake of his involvement in the Adarsh Society scam in Mumbai. And Suresh Kalmadi had to quit as secretary of the Congress … Read more
The release of the first Odiya talkie ‘Sita Bibah’ by Mohan Sundar Deb Goswami on 28th April 1936 was a defining moment for ethnic film movement and added a new dimension to the expression of local identity. It had just been preceded by the formation of nationhood in the linguistic lines on 1st April in … Read more
India is a constitutional democracy with a parliamentary system of government, and at the heart of the system is a commitment to hold regular, free and fair elections. These elections determine the composition of the government, the membership of the two houses of parliament, the state and union territory legislative assemblies, and the Presidency and … Read more
During the year 2009-10 as per provisional figure available for the period April to December, 2009, the contribution to central government exchequer by petroleum sector is Rs 56,365 crore. The subsidy provided by the government, including the oil bonds issued to OMCs during the same period, is Rs 14,058 crore i.e., 25 per cent of … Read more
Without Prejudice to the EGoM THE Supreme Court in its recent verdict on KG Basin Gas case has very rightly reiterated that the Constitution envisages exploration, extraction and supply of natural gas to be within the domain of government function and it is the duty of the government to make sure that these resources are … Read more
n what could be a severe blow to Anil Ambani group seeking cheap gas from elder brother Mukesh- led RIL, the Supreme Court has ruled that govt has the last word on pricing and utilisation of national asset. Giving its verdict on the four-year-old Ambani battle that was intertwined with a bitter public wrangling, a … Read more
As per the Eleventh Plan document the target growth rate of 4 per cent is set for Agriculture & Allied Sector during the Plan period (2007-12). In the first two years of the Eleventh Plan, Agriculture and Allied Sector recorded a growth rate of 4.7 per cent in 2007-08 and 1.6 per cent in 2008-09. … Read more
The Government of India has appointed consultants to work out sector wise pool pricing for KG basin gas or any natural gas. This means that the transport cost of natural gas will be shared by all the states without regard to the location. This will penalise Andhra Pradesh State as we are home to biggest … Read more