Prabir Purkayastha, July 4, 2013
The Cabinet Committee on Economic Affairs (CCEA) has decided that from March 2014, the price of gas will double – it will rise from $4.2 per MMBTU to $8.40! This increase is even beyond the petroleum ministry's suggested price of $6.67, which was opposed by the power and the fertiliser ministries.
Prabir Purkayastha, June 1, 2013
The Ministry of Petroleum, after its change of guard from Jaipal Reddy to Veerappa Moily, has been batting for a much higher price of natural gas.
Prabir Purkayastha, November 22, 2012
The recent auction of the 2G spectrum has drawn bids of only Rs. 9,407 crore. Various spokespersons of the Congress and Union ministers have been propagating that this somehow justifies Raja’s illegal first-come-first-served policy of giving away spectrum.
Prabir Purkayastha, Newsclick, September 13, 2012
There is a story doing the rounds that when a Minister went up to Manmohan Singh complaining about “primitive accumulation of capital” with respect to a huge real estate scam, the PM asked him what was wrong with primitive accumulation, apart from the word primitive?
Prabir Purkayastha, Newsclick, Feb. 6, 2012
Newsclick Presentation, Sept 21, 2011
The CAG report exposes strategies and procedural failures on part of the government favouring unholy expectations of Reliance Industries Limited. Prabir Purakayastha, in conversation with Paranjoy Guha Thakurta, gives details.
Prabir Purkayastha, Newsclick, Sept 14, 2011
Prabir Purkayastha, Newsclick, July 07, 2011
As we discussed in our KG Basin Gas scam first part, there are various dimensions to the scam. In this part, we will focus on two issues – one, the impact of share of revenue due to inflating of capital costs; two, specific item of the increase to indicate how the books have been cooked to benefit Reliance.
Prabir Purkayastha, Newsclick, June 24, 2011
The KG Basin Gas scam is yet another in the series of scams the Indian Goverment is implicated in. As a follow up of last week's article drawing broad issues of this scam, this article deals with CAG's draft report and PSC between the Government and Reliance.
Prabir Purkayastha, Newsclick, June 16, 2011
The CAG Draft Report on the audit of the Production Sharing Contracts for the on-shore and off-shore oil and gas blocks is now widely being circulated in the media, showing once again the unholy nexus between the UPA and big capital in the country.