Sunday, April 10, 2011

Anna Hazare's indefinite fast against corruption

Kisan Bapat Baburao Hazare (Marathi: किसन बापट बाबुराव हजारे) (born 15 January 1940), popularly known as Anna Hazare (Marathi: अण्णा हजारे), is an Indian social activist who is especially recognized for his contribution to the development of Ralegan Siddhi, a village in Parner taluka of Ahmednagar district, Maharashtra, India and his efforts for establishing it as a model village, for which he was awarded the Padma Bhushan by the Government of India in 1992.[1] On April 5, 2011, Hazare started a 'fast unto death' to exert pressure on the Government of India to enact a strong anti-corruption act as envisaged in the Jan Lokpal Bill, a law that will establish a Lokpal (ombudsman) that will have the power to deal with corruption in public offices. The fast led to nation wide protests in support of Hazare. The fast ended on 9 April 2011, when all of Harare's demands were agreed by the Government of India and the Government issued a gazette notification on the formation of a joint committee headed by a senior minister, Pranab Mukherjee, to draft an effective Lokpal Bill.


Born 15 January 1940 (1940-01-15) (age 71)
Bhingar, Maharashtra, India
Nationality Indian
Political movement Watershed Development Programmes; Right To Information Act; Anti-Corruption Movement
Religion Hinduism
Parents Laxmibai Hazare (Mother)
Baburao Hazare (Father)
Website - www.annahazare.org



Anna Hazare - must see video:

Saturday, March 12, 2011

India not as Corrupt as China and Russia: Fitch

India is not as corrupt as China and Russia, according to the global credit rating agency Fitch.

The country, however, suffers from excessive regulation and tax laws, which is concern for foreign investors, Fitch Group Managing Director for Corporate Rating Richard Hunter told PTI in an interview.

"We will certainly rank India well below Russia and China when it comes to concerns about corruption. Really big concern about India is regulation and tax treatment," he said.

These comments come at a time when the nation is facing a plethora of corruption cases relating to allocation of 2G spectrum, conduct of Commonwealth Games, allotment of flats in Adarsh Housing Society and Devas-Antrix deal.

Hunter further said that the recent corruption cases have not dent the confidence of investors in India, adding that "Corruption is certainly not a specialty in which India will win the gold medal."

However, he said, domestic and foreign investors are concerned about the burdensome regulatory regime in India.

"Corruption is something that does deter investors much more in China. There is respect for Indian legal system," he said.

Hunter said the rating outlook for most Indian companies is stable for the current year. 

Source: www.siliconindia.com

Some other interesting news:

 

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