Wednesday, November 16, 2011

CAG stands by Rs 1.76 lakh crore 2G loss figure


Petrol becoming cheaper across the country after oil marketing
companies slashed prices of the fuel, grabs front page attention in
all the dailies.

UP Chief Minister Mayawati's proposal to split the state into four
smaller states is prominently noticed on the front pages of all the
papers. "Maya moves to slice UP into 4, stumps rivals" reports the
Times of India. Ascribing an electoral motive to this move, the Mail
Today writes "Mayawati's divide UP call sets poll agenda".

The appearance of the Comptroller and Auditor General before the Joint
Parliamentary Committee probing the 2G spectrum allocation scam is
highlighted in all the papers. With the CAG disputing his aide RP
Singh's estimation of a significantly lower loss to the exchequer, the
Asian Age states "CAG contradicts aide on 2G loss" while the Pioneer
reports "CAG stands by 1.76 lakh crore 2G loss figure."

Some recommendations likely to be made by the parliamentary panel
looking into the Lokpal Bill are prominently noticed in the papers.
"CBI may lose its prosecution power, no consensus on PM" states the
Times of India. The Indian Express writes "Lokpal: 5 step mechanism to
separate probe and prosecution".

The Supreme Court's decision to examine bail guidelines in the
backdrop of many accused being denied bail by trial court judges in
high profile cases is widely noticed. "Apex court to take call on bail
rights in high profile cases" states the Pioneer. Similarly, the
Indian Express writes "SC to look at denial of bail in VIP cases".

A likely change in India-Australia relations over the sale of uranium
by Australia to India gets wide attention in the papers. "Australia,
at last, may sell uranium to India" reports the Hindu.

And finally, cardiac patients can literally take heart. The times of
India and the Asian Age report that small scale human trials have
shown promising results in the use of the hearts own stem cells to
battle heart failure.

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