Showing posts with label Corruption. Show all posts
Showing posts with label Corruption. Show all posts

Saturday, June 7, 2014

DTN News - INDIA NEWS: Sonia Gandhi ~ Congress Debacle In Elections 2014 - Due To Unending Scams And Corruption In UPA Government

Defense News: DTN News - INDIA NEWS: Sonia Gandhi ~ Congress Debacle In Elections 2014 - Due To Unending Scams And Corruption In UPA Government
Source: DTN News - - This article compiled by K. V. Seth from reliable sources TOI
(NSI News Source Info) TORONTO, Canada - June 7, 2014(BIKANER) As Narendra Modi gets ready to be sworn in as Prime Minister, Congress president Sonia Gandhi's son-in-law Robert Vadra and his team are busy gathering documents to get requisite corrections done in purchase of huge swaths of land in Bikaner district. 

In the run up to the elections, the Bharatiya Janata Party (BJP) had pledged to probe the land deals of Vadra once it comes to power. The party had also released a CD detailing how the Ashok Gehlot government shielded the alleged dubious deals of the son-in-law of Sonia Gandhi. Four Vadra companies bought land in excess to permissible limit under the Land Ceiling Act. The report of the district collector revealed that the Gehlot government changed the Land Ceiling Act, purposely to help Vadra buy lands. 

Latest reports say that Vadra has deputed a few individuals, who are camping in Bikaner and trying hard to collect documents in view of possible legal battles. A key member of Vadra team, Mahesh Nagar, is visiting Bikaner frequently.

Sources say that Nagar was holding meetings with district officials secretly and trying to collect papers from them. He was reportedly the front man when Vadra companies bought land in Bikaner.According to sources, Nagar is continuing the process of purchase of land and even in May 2014, Nagar purchased nearly 1,000 bighas in Pokhran tehsil of Jailsalmer district. 

TOI could not contact Nagar, though officials confirmed his presence in the district. Nagar reportedly belongs to Haryana. 

As per the provisions of Rajasthan Imposition of Ceiling on Agricultural Holdings Act, 1973 there is a ceiling limit of 280 bigha in the state. It means that a person is allowed to possess not more than 280 bigha of land. 

However, Gehlot government amended Section 17 of Rajasthan Imposition of Ceiling on Agricultural Holdings Act, 1973 in September 2010, that too with retrospective effect. The amendment says that restrictions on quantum of land deal shall not apply to a person who acquires the land with the prior approval of the state government or any other authority appointed by it. Moreover, records show that the "soul" of the Act was changed without debate in the state assembly. 

After taking over as chief minister, Vasundhara Raje issued letters to district collectors of Bikaner and Jodhpur for providing data of land deals in their districts. According to sources, collector of Bikaner sent a report saying that companies of Robert Vadra had purchased nearly 2,503 bigha in Bikaner district, out of which nearly 1,124 bigha had already been sold. 

According to BJP's Bikaner MP Arjun Ram Meghwal, Vadra-owned companies Sky Light Hospitality Pvt. Ltd., Blue Bridge Trading Pvt. Ltd., Skylight Reality Pvt. Ltd., Real Earth Estates Pvt. Ltd. and North India IT Park Pvt. Ltd bought 1,634 hectors (6,536 bighas) (1 hector = 4 bigha approx) land in in Bikaner district. Through these companies, land had been purchased in Kolayat, Gajner, Golari, Darbari, Sarah Kishnayat, Basti Chauhanan, Sarah Sutharan villages in Kolayat tehsil.

Disclaimer statement Whilst every effort has been made to ensure the accuracy of the information supplied herein, DTN News ~ Defense-Technology News cannot be held responsible for any errors or omissions. Unless otherwise indicated, opinions expressed herein are those of the author of the page and do not necessarily represent the corporate views of DTN News ~ Defense-Technology News

*Link for This article compiled by K. V. Seth from reliable sources TOI
*Speaking Image - Creation of DTN News ~ Defense Technology News 
*Photograph: IPF (International Pool of Friends) + DTN News / otherwise source stated
*This article is being posted from Toronto, Canada By DTN News ~ Defense-Technology News Contact:dtnnews@ymail.com 
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Wednesday, December 5, 2012

DTN News - SPECIAL REPORT ON CORRUPTION: A Look At The Corruption Perceptions Index 2012

Defense News: DTN News - SPECIAL REPORT ON CORRUPTION: A Look At The Corruption Perceptions Index 2012
Source: DTN News - - This article compiled by Roger Smith from reliable sources Transparency International
(NSI News Source Info) SINGAPORE - December 5, 2012: Corruption can happen  anywhere. When politicians put their own interests above those of the public. When officials demand money and favours from citizens for services that should be free. Corruption is not just an envelope filled with money, though – these people make decisions that affect our lives.
CPI 2012 map banner
We know corruption is a problem around the world. But how bad is it and what can be done? The Corruption Perceptions Index measures the perceived levels of public sector corruption in countries worldwide.
Based on expert opinion, countries are scored from 0 (highly corrupt) to 100 (very clean). Some countries score well, but no country scores a perfect 100.
Two-thirds of the 176 countries ranked in the 2012 index score below 50, showing that public institutions need to be more transparent, and powerful officials more accountable.
We must ensure that there are real consequences to corruption. ‘No to impunity’ cannot just be a slogan – it must be carried out with all our combined strength and inspire citizens to speak up and to no longer tolerate corruption.”
– Huguette Labelle, Chair, Transparency International
The Corruption Perceptions Index forces governments around the world to take notice of corruption – their country’s score reflects on them. But recognising the problem is only the first step towards a solution. That is why we help citizens to demand accountability from their leaders. And we show governments what they can do to tackle corruption. Together, we can make corruption a thing of the past.

FROM A CULTURE OF TRANSPARENCY TO A DEFICIT OF RIGHTS AND SECURITY

In the Corruption Perceptions Index 2012 Denmark, Finland and New Zealand tie for first place with scores of 90, helped by strong access to information systems and rules governing the behaviour of those in public positions. Read more about these countries here.
Afghanistan, North Korea and Somalia once again cling to the bottom rung of the index. In these countries the lack of accountable leadership and effective public institutions underscore the need to take a much stronger stance against corruption. Read about how finishing bottom plays out in daily life in this blog post on Afghanistan.

FINANCIAL CRISIS AND FAILING REVOLUTIONS

Underperformers in the Corruption Perceptions Index 2012 also include the Eurozone countries most affected by the financial and economic crisis. In a June 2012 report on corruption in Europe, Transparency International warned Europe that the crisis should be a wake-up call on the need to address corruption risks in the public sector to tackle the financial crisis. Read more on the challenges faced by the lowest-ranking EU countries Greece, Bulgaria and Italy.
Genuine transparent political reforms after democratic elections have not taken hold in Arab Spring countries, as they continue to languish towards the end of the scale even after the onset of the revolutions – especially Egypt, which significantly dipped in its ranking.

A WARNING FOR BUSINESSES

While the Corruption Perceptions Index measures how corrupt experts think public sectors are, businesses need to take careful note of the results. Doing business in a country where corruption is rife means higher costs, delays and losing business to competitors who pay bribes. All but one of the world’s fastest growing economies score less than 40 out of 100.
To keep the global economy corruption-free, strong enforcement of global standards like the G20 anti-corruption action plan and rules criminalising foreign bribery will be vital. Multinational companies, meanwhile, must be transparent about their operations. Of the world’s 105 biggest companies, 85 do not disclose income tax payments in any foreign country of operation on their corporate website, according to a Transparency International report from July 2012.

FURTHER READING

The index is drawn from 13 surveys carried out by independent institutions such as the World Bank and Bertelsmann Foundation. Read more about how the index is prepared here.

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Disclaimer statement
Whilst every effort has been made to ensure the accuracy of the information supplied herein, DTN News ~ Defense-Technology News cannot be held responsible for any errors or omissions. Unless otherwise indicated, opinions expressed herein are those of the author of the page and do not necessarily represent the corporate views of DTN News ~ Defense-Technology News


*Link for This article compiled by Roger Smith from reliable sources Transparency International
*Speaking Image - Creation of DTN News ~ Defense Technology News 
*This article is being posted from Toronto, Canada By DTN News ~ Defense-Technology News Contact:dtnnews@ymail.com 
©COPYRIGHT (C) DTN NEWS DEFENSE-TECHNOLOGY NEWS

Sunday, July 8, 2012

DTN News - INDIA TODAY: Goodman The Lalten Lost His Way In Darkness - Manmohan Singh The Incredible Prime Minister of India

Defense News: DTN News - INDIA TODAY: Goodman The Lalten Lost His Way In Darkness - Manmohan Singh The Incredible Prime Minister of India
*Manmohan Singh a man in shadow, underachiever says Time Magazine.
Source: DTN News - - This article compiled by Roger Smith from reliable sources Business Line
(NSI News Source Info) TORONTO, Canada - July 8, 2012:  The Prime Minister, Dr Manmohan Singh, who has long been lauded for his pivotal role in liberalising the Indian economy, has been dubbed an “underachiever” by a top US magazine which says he appears “unwilling to stick his neck out” on reforms that will put the country back on growth path.

79-year-old Dr Singh is featured on the cover of Time magazine’s Asia edition, which will be out next week. With his portrait in the background, the title on the cover reads ‘The Underachiever — India needs a reboot’.

‘Is Prime Minister Manmohan Singh up to the job?’ Time’s report ‘A Man in Shadow’ asks, adding that apart from facing the challenges of a slowdown in economic growth, huge fiscal deficit and a falling rupee, India’s Congress party-led UPA coalition “has found itself fending off corruption scandals and accused of showing a lack of economic direction.”

”....investors at home and abroad are beginning to get cold feet. Voters too are losing confidence, as rising inflation and a litany of scandals chip away at the government’s credibility,” the magazine said.

Pointing towards Dr Singh’s fall “from grace,” the magazine said, “in the past three years, the calm confidence he (Dr Singh) once radiated has been absent. He seems unable to control his ministers and — his new, temporary portfolio at the Finance Ministry notwithstanding — unwilling to stick his neck out on reforms that will continue the process of liberalisation he helped start.”

The magazine said at a time when India cannot afford a slowdown in economic growth, “laws that could help create growth and jobs are stuck in Parliament, sparking concerns that politicians have lost the plot in their focus on shorter—term, populist measures that will win votes.”

“Now that Singh is interim Finance Minister as well as PM, he has greater scope and a fresh opportunity to turn things around — but it’s by no means certain that he can,” Time said.

Over the past 20 years, Dr Singh’s “avuncular visage and signature powder blue turban were synonymous with India’s rising star, a fixture on front pages since the early 1990s, when, as Finance Minister, he played a pivotal role in liberalising the economy and setting the nation on the path of fast growth,” the magazine said.

It said in a national capital full of bluster and backroom deals, the quiet economist has long been admired for his restraint and personal integrity. The country clocked a 9.6 per cent growth in his first term as Prime Minister.

“For the past two years, the Congress-led coalition has found itself fending off scandals, most notably the corrupt awarding of 2G spectrum at prices below market value,” the magazine said.

It added that Dr Singh’s “squeaky-clean image” took a hit when anti-corruption crusader Anna Hazare levelled charges at Dr Singh and more than a dozen of his ministers over the alleged misallocation of coal-mining rights.

India’s “battered economy” is another menacing concern for Dr Singh, Time said.

“In a bid to cushion the pain of inflation and keep constituents happy ahead of ever looming elections, the UPA has been burning through its boom—time chests, spending on subsidies and social benefits. But business-friendly laws that could spur growth to offset that spending are languishing, and industry is struggling,” it said.

Given the bleak economic situation, industry leaders are demanding a host of bold reforms, such as an end to expensive subsidies, deregulation of diesel prices and resumption of a law to allow multi-brand retailers like Walmart into India, the magazine said.

Dr Singh has said that the government owes it to the country to take all the “necessary decisions which would return the country to a high—growth path,” it said.

Time said Dr Singh has joined the public soul-searching belatedly, and the electorate will let him know what it thinks of his performance in general elections scheduled for 2014.

”...India can only wait to see if Singh can rouse himself, let alone prevail or overcome,” it said.

The magazine said some believe Dr Singh’s “unofficial power—sharing agreement” with UPA Chairperson Sonia Gandhi has “tied his hands and that he lacks the clout to go against other party stalwarts.”

*Link for This article compiled by Roger Smith from reliable sources Business Line
*Speaking Image - Creation of DTN News ~ Defense Technology News 
*This article is being posted from Toronto, Canada By DTN News ~ Defense-Technology News Contact:dtnnews@ymail.com 
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Monday, April 30, 2012

DTN News - INDIA ECONOMY NEWS: Struggling Coalition Leaves Indian Economy In The Doldrums

Defense News: DTN News - INDIA ECONOMY NEWS: Struggling Coalition Leaves Indian Economy In The Doldrums
*It didn't go unnoticed that the best news for the beleaguered Indian economy last week came not from the markets but the Gods via the weatherman
*India’s position dips in geopolitical index owing to corruption, misgovernance - IANS
*Report: India's treasury lost $210 billion in coal scandal - LA Times
*'The Mother Of All Sweetheart Deals' - Outlook India
Source: DTN News - - This article compiled by Roger Smith from reliable sources By Dean Nelson, Delhi - Telegraph UK  
(NSI News Source Info) TORONTO, Canada - April 30, 2012: As India's once 'miraculous growth' story took a dark twist – Standard & Poors downgraded its outlook to 'negative' while Moody's blamed the ruling Gandhi family for the political paralysis behind faltering growth – the country's Met Office offered one silver lining. It ruled out the possibility that the monsoon rains would fail.

While Dr Manmohan Singh's government has lurched from one crisis to another and serious differences within his coalition have placed almost all reforms on hold, fear of a failed monsoon is the one thing which unites his fractious cabinet and Indian business leaders alike.
In the past few weeks temperatures in New Delhi have plummeted, raising concerns that the searing heat and dust needed for a torrential monsoon will not come, causing crops to fail and inflation to soar once again.
If the weathermen's forecast is correct, India's problem remains a longer term one. How to revive a 'flagging' growth rate of 7pc back towards the double-digit figure the country had in its sights barely two years ago.
According to S&P and Moody's, the root cause of the disappointing performance lies in the country's government. S&P said last week that India's rating could deteriorate further if "the external position continues to deteriorate, growth prospects diminish or progress on fiscal reforms remains slow in a weakened political setting."
Moody's appeared to lay the blame for India's plight at the feet of the Gandhi family which controls the Congress Party, the leading group in the governing coalition. Sonia Gandhi and the party's heir Rahul Gandhi "blew their chance" to revive a programme of reforms in parliament by wasting their time campaigning in the Uttar Pradesh state elections, in which the party was humiliated and the government further weakened.
Prime minister Manmohan Singh had hoped to introduce a series of foreign investment and tax reforms to further open up the country's markets and make it an easier place for foreign and domestic companies to do business. But plans have been mothballed because the governing coalition partners cannot agree.
Plans to reduce government spending on fuel and other subsidies have been halted, while the widely quoted $1 trillion India must spend on upgrading infrastructure from roads to power plants has yet to leave the government's coffers.
A general air of gloom was compounded when the government's chief economic advisor Kaushik Basu warned a Washington think tank not to expect any reforms until a stronger government is elected after the 2014 elections. "We are going through a difficult year. (After 2014), you would see a rush of important reforms and after 2015 India would be one of the fastest growing economies of the world. The new government, if in a majority, would start with the reforms in a big way because there is a sense that it needs to pick up," he said.
In the meantime foreign investors are rejecting India in favour of rivals, while major Indian companies are spurning domestic opportunities in favour of investing overseas, says Subodh Agrawal of Mumbai and London-based Euromax Capital.
He claims clients are afraid of investing in India because they believe its government's decision-making has become increasingly unpredictable. The proposal to allow the government to make retroactive tax demands – after its courts rejected a $2bn tax demand to Vodafone over its acquisition of the mobile operator Hutchison – had made it impossible to sell India to prospective investors.
"S&P and Moody's have been kind to India. Its [real] forecast is doom and doom," he adds.
Jatinder Mehra, a director of the Essar Group, one of India's biggest business houses, says the government has depressed growth by over-reacting to inflation and focusing on curbing demand rather than solving supply problems.
Essar was a major partner in Vodafone India and has also been targeted by the government along with other companies whose 2G mobile phone operator licenses were revoked following corruption allegations. Essar has denied the allegations.
"The Indian economy is in slowdown mode. Last year growth dipped below 6pc, but we have seen 9pc. There is growth but it is slowing down," he says.
Vital investment in the country has contracted and consumption dipped following a series of anti-inflation measures taken in 2010-2011 which pushed interest rates beyond 14pc and reduced liquidity. "Instead of solving the supply constraints, demand was controlled through monetary initiatives, high interest, low liquidity, reduced investment and consumption," Mr Mehra explains.
Government attempts to appease lobby groups have also caused significant problems for the economy. The high inflation it was responding was in fact fuelled in part by welfare programmes for the poor which raised demand without tackling supply bottlenecks, the Essar executive says.
Environmentalist demands to halt coal mining in forest areas have affected the operation and opening of new power stations. "Essar has power plants, we have coal mines, but opening them is an issue," Mr Mehra says. The government's failure to stand up to environmental groups is harming development.
Deepak Talwar, a leading lobbyist and investor in India's hotel sector, says the government is in denial. Official measures to curb inflation have made finance prohibitively expensive and brought infrastructure projects to a standstill. His own hotel investments have been affected.
"The Reserve Bank of India kept raising interest rates and the government doesn't have the strength to say this is wrong for the economy. If you are not a group A borrower you are probably borrowing at 16pc – every project will be affected by that," he says.
The investment needed in roads is not happening because the government is not signing off projects, which means it still takes up to 48 hours for a good truck to drive 1,700 kilometres from Mumbai to Delhi. The problem, Mr Talwar says, is not in the fundamentals of the Indian economy, but in the political leadership above it. Smaller coalition partners are exploiting a gap between the government's real power centre, the Gandhi family, and the administration led by Prime Minister Dr Manmohan Singh.
Poor co-ordination between the Congress Party's political leadership and the government and lack of clear direction is creating a power vacuum. Mr Talwar's solution is to fill it with a Gandhi. "The political leadership must take over the executive. If Sonia Gandhi was prime minister, everyone would fall into line. Or Rahul Gandhi could become prime minister and get this story over with."
Disclaimer statement Whilst every effort has been made to ensure the accuracy of the information supplied herein, DTN News ~ Defense-Technology News cannot be held responsible for any errors or omissions. Unless otherwise indicated, opinions expressed herein are those of the author of the page and do not necessarily represent the corporate views of DTN News ~ Defense-Technology News
*Link for This article compiled by Roger Smith from reliable sources  By Dean Nelson, Delhi - Telegraph UK  
*Speaking Image - Creation of DTN News ~ Defense Technology News 
*This article is being posted from Toronto, Canada By DTN News ~ Defense-Technology News Contact:dtnnews@ymail.com 
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