The Bharatiya Janata Party's demand for a Joint Parliamentary Committee probe into the 2G spectrum scam along with those of Commonwealth Games projects and Adarsh Housing society are neither correct nor timely, Communist Party of India said on Saturday.
Communist Party of India - Marxist general secretary Prakash Karat on Sunday stated that the Left parties would not compromise on the demand for a joint parliamentary committee probe into the 2G spectrum scam.The CPI-M leader underlined the urgent need for an alternative economic policy as the people were reeling under scorching prices for the 'wrong policies adopted by the United Progressive Alliance'.
Moving a resolution, Stalin said that in the event of increase in the number of seats in Parliament, 1971 Census should be the basis for it. Also, the 1971 Census should be basis for delimitation of LS seats for 30 years from 2026, he asserted.
The 2G spectrum scam may have caused a colossal loss to the national exchequer, but the standoff between the government and opposition over it has resulted in the further wastage of over Rs 146 crore as the entire Winter Session of the Parliament was virtually washed out.
Anguished over the stalemate in Parliament over demand of Joint Parliamentary Committee into 2G Spectrum scam, Lok Sabha Speaker Meira Kumar on Friday said she would "do anything" to ensure that it does not spill over to the budget session.
The Opposition and government may be slugging it out over the losses caused to the national exchequer due to the 2G spectrum allocation but their stand-off has resulted in wastage of over Rs 95 crore on account of Parliament not functioning for the last 15 days.
The 2010 winter session is set to go down in the history of the Parliament as one and the first one which did not deliberate even a minute. It is likely to be adjourned sine die.
The motion has already been approved by the Lok Sabha.
The meeting was attended by CMs of Kerala, Punjab and Telangana -- Pinarayi Vijayan, Bhagwant Manna and A Revanth Reddy, Karnataka deputy CM DK Shivakumar, and senior BRS leader KT Ramarao among others.
The central bank has advised banks and financial institutions to 'seriously and promptly consider initiating criminal action against willful defaulters, wherever necessary, based on facts and circumstances of each case."
The government said on Thursday that it was committed to demutualisation and corporatisation of stock exchanges to prevent recurrence of securities scams.
Department of Company Affairs on Wednesday said it has set up a five-member Task Force to initiate action within six months on the recommendations of the report of the Joint Parliamentary Committee on the stock market scam in 2001.
Lambasting the government for multiplicity of laws and regulations on food safety standards, the Joint Parliamentary Committee report on pesticide residues in soft drinks has asked it to quickly finalise the draft Modern Integrated Food Law.
Pepsi and Coca-Cola India have been asked to depose before the joint parliamentary committee probing pesticide allegations in beverages on December 16 and 17, respectively.
The Samajwadi Party is going all out against the Congress, drawing parallels to the Watergate scandal.
Coca-Cola India has written a letter to the joint parliamentary committee, probing allegations of pesticides in beverages, seeking permission to depose before it.
Jayalalithaa also said that in her letter to a newspaper on Saturday, she had pointed out that Left parties did not invite her party to take part in a protest rally in Delhi against India's joint naval exercises with other nations, including the US.
Prime Minister Manmohan Singh on Monday rejected the Opposition's demand for a Joint Parliamentary Committee probe into both the IPL controversy and the phone-tapping issue, on the ground that it was not needed. "JPC for what? This is not a fit case for JPC," Dr Singh said when asked about the Opposition's demand for a JPC into the phone-tapping allegation. He said Home Minister P Chidambaram had explained the phone-tapping allegations in Parliament.
The two 'One Nation One Election' (ONOE) bills, including one requiring an amendment in the Constitution, that lay down the mechanism to hold simultaneous elections were introduced in the Lok Sabha on Tuesday after a fiery debate.
The government's support is there for Air India, (but) it comes with a condition, Civil Aviation Minister Praful Patel said.
The Congress Working Committee, the highest decision making body of the grand old party, passed a resolution to this effect. The CWC, chaired by Sonia Gandhi earlier discussed the issue along with that of the farmers' agitation and the COVID-19 vaccination drive and passed three resolutions on each of them.
In Lok Sabha, Deputy Leader V K Malhotra demanded the suspension of Question Hour as soon as the House met for the day.
The Centre for Science and Environment which alleged that soft drinks brands in India contain high levels of pesticides, is scheduled to make a detailed presentation before the Joint Parliamentary Committee which may meet on October 9 and 10.
Chennai-based DSQ Software may earn the dubious distinction of becoming the first company to be referred to the newly-created Serious Frauds Investigation Office for its role in the securities scam, sources said on Tuesday.
Much drama is likely to continue in the coming year, within the Sangh Parivar as well as involving the Opposition parties and, of course the BJP's allies, predicts Modi biographer Nilanjan Mukhopadhyay.
As prime minister, Dr Singh is obviously more worried about growth, inflation and rural jobs
The Joint Parliamentary Committee, probing the 2001 stock market scam and the UTI fiasco tabled its report in the Parliament.
Concerned over several violations by overseas corporate bodies including misuse of Indo-Mauritius double taxation avoidance treaty, the Joint Parliamentary Committee, which probed the securities scam has highlighted the absence of regulation.
Rejecting the Opposition demand for a JPC probe into demat share scam, the Government Tuesday said SEBI was examining the matter and strictest possible action would be taken against those involved in the irregularities.
Congress general secretary Jairam Ramesh said the NCP may have its view but 19 like-minded Opposition parties are convinced that the "PM-linked Adani Group" issue is real and very serious.
The metro, it seems, is politics-proof -- even if it comes at a high cost.
Lok Sabha Speaker on Wednesday referred the issue of some Trinamool Congress members allegedly accepting bribe, as shown in a purported sting operation, to the Ethics Committee, asking the L K Advani-headed panel to examine and investigate the charges.