Why the iron curtain on the CRISIL deal?
Maharashtra’s UDD had already asked Delhi for Rs.8037 crores for Pune for the next five years, according to a CRISIL-PMC presentation to the state Chief Minister Vilasrao Deshmukh on 31 January 2006. It was my critique of this presentation that compelled PMC Commissioner Nitin Kareer to admit at the CDP Workshop convened by PMC and CRISIL on 3 March 2006 that a CDP proposal undisclosed to Pune’s citizens, had been forwarded to JNNURM in Delhi a month ago on 2 February. I posted my critique to both PMC and CRISIL via email and Kareer had to explain the PMC-CRISIL relationship. PMC did not choose or hire CRISIL, he said. UDD did, he claimed. In a telephonic conversation, UDD’s top bureaucrat, Principal Secretary Ramandand Tiwari admitted to me that the CRISIL deal was secret. (1 crore = 10 million) Farzana Cooper Earlier in response to my questioning on telephone and during in-person conference on 23 February, CRISIL’s Brijgopal Ladda also admitted that CRISIL was hired by USAID-FIRE-D b
