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World Bank bans L&T for forgery

-PTI Castigates the company for fraudulent practices in winning an aided project in Tamil Nadu The World Bank has barred Larsen & Toubro (L&T) from doing any business with it or the projects funded by it for six months, after finding that a senior executive of the conglomerate has indulged in fraud. The debarment will continue till September 6, making L&T ineligible for being awarded contracts for any World Bank-funded projects, from receiving...

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Response to 'A Cost-Benefit Analysis of UID'-Sumathi Chandrashekaran, Shekhar H Kumar, Smriti Parsheera, Ila Patnaik, Madhavi Pundit, Suyash Rai and Ajay Shah

-Economic and Political Weekly A debate on the study "A Cost-Benefit Analysis of Aadhaar" conducted by the National Institute of Public Finance and Policy which was discussed in the EPW of 2 February 2013. Sumathi Chandrashekaran, Shekhar H Kumar, Smriti Parsheera, Ila Patnaik, Madhavi Pundit, Suyash Rai, Ajay Shah A debate on the study “A Cost-Benefit Analysis of Aadhaar” conducted by the National Institute of Public Finance and Policy which was discussed in...

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Budget 2013: Chidambaram focuses on women, youth, poor in budget

-IANS To woo "ambitious" women, "impatient" youth and the poor, the Congress-led UPA government Thursday promised them more schemes and programmes as they "represent the vast majority of the people of India". "...before I close this part of my speech, I wish to draw a picture of three faces that represent the vast majority of the people of India," finance minister P Chidambaram said. "The first if the face of the woman. She...

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NAC members raise concerns over direct benefit transfer scheme-Anuja & Liz Mathew

-Live Mint Concerns raised over the efficiency of banking networks and on-the-ground preparations for the scheme A section of the Sonia Gandhi -led National Advisory Council (NAC) is not happy with the government “rushing into” the direct benefit transfer (DBT) scheme, expected to be the flagship programme of the ruling Congress party in the national election scheduled for next year. At a meeting of the NAC on Tuesday, where Unique Identification Authority of...

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Aadhaar must be basis for direct benefit transfers: Ashok Khemka

-The Economic Times The Direct Benefits Transfer (DBT) scheme commenced with the initial rollout in 20 districts covering seven scholarship schemes. Another 23 districts will be covered by March this year. The intention is to link all government benefits to Aadhaar-based identification of beneficiaries and to channelise the cash benefits through Aadhaar-enabled bank accounts. Irrespective of the merits of translating some benefits delivered in kind like in PDS into their cash-equivalent, for...

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