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THE United Progressive Alliance (UPA) is sinking deeper and deeper into mire in the 2G case. It is now clear that the then finance minister, P Chidambaram, had indeed given his concurrence to pegging the … Read more

    In a move with far reaching consequences, the Defence Acquisition Council of the Ministry of Defence (MoD) last week gave in-principle approval to divestment of 10 percent stake in Hindustan Aeronautics Limited (HAL), … Read more

The CAG Report on the audit of the Production Sharing Contracts for the on-shore and off-shore oil and gas blocks once again shows the unholy nexus between the UPA and big capital in the country. … Read more

  “Capital is as terrified of the absence of profit or a very small profit as nature is of a vacuum. With suitable profits, capital is awakened; with 10 percent, it can be used anywhere; … Read more

WHILE considerable attention has been focused on the World Trade Organisation (WTO), and the binding trade rules that it imposes on member countries, there is a shift towards much of trade negotiations being conducted bilaterally … Read more

On July 25, national dailies carried almost three full pages of the Haryana Government’s notification to acquire around 1400 acres of land mostly in the village of Gorakhpur in Fatehabad District, Haryana for setting up … Read more

Six years after its earlier attempt to privatize water supply in Delhi, which was thwarted by the vigilance and opposition of progressive forces, the Delhi Government is at it again. A “Pilot Project” is being … Read more

LAST week we had dealt with the broad issues in the KG Basin Gas scam, in which the CAG’s findings are only one element. In this article, we will focus on what the CAG has … Read more

India’s high profile and big ticket procurements of military hardware have been grabbing headlines of late, especially after the announcement of the short-list for the much awaited multi-role combat aircraft deal. These form part of … Read more

Regular readers of these columns may wonder why this week we are featuring an article discussing deaths in India due to road accidents. Conventional wisdom would have placed this problem alongside other “rich peoples maladies” … Read more

THE 2G scam has shown how scarce national resources like the spectrum have been given at throw away prices to big capital. In this game, there are not only older players such as Reliance, Unitech … Read more

Late last week India’s Ministry of Defence announced its much awaited short-list for the multi-billion dollar “mother of all deals” for acquisition of medium multi-role combat aircraft (MMRCA).  Those closely following the acquisition process especially … Read more