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CSR may become mandatory if Companies Bill is passed with house panel suggestions

-The Economic Times Decks have been cleared for reintroduction of the Companies Bill, 2011, in the monsoon session. If the bill is passed after endorsing all the suggestions made by the Parliamentary Standing Committee on Finance, corporate social responsibility (CSR) would, for the first time in the world, become mandatory.  The report recommends that companies with net worth above Rs 500 crore, or an annual turnover of over Rs 1,000 crore, earmark...

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NRHM financial wrongdoings reflect systemic irregularities-Vidya Krishnan

-Live Mint It turns out that some state officials were using NRHM to enrich themselves The National Rural Health Mission (NRHM) was launched seven years ago with the goal of improving healthcare delivery to people in villages, especially the poor, through a generous infusion of federal funds. Local authorities were given a relatively free hand in deciding how to spend the money, with the Centre promising funds with no strings attached for...

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Win-win, not 'go, no-go'

-The Business Standard The Western Ghats need local environmental governance What sets the report of the Western Ghats Ecology Expert Panel, headed by Professor Madhav Gadgil, apart from most other reports delivered by such government-appointed committees is that it does not view environmental factors in isolation from development imperatives. Nevertheless, its recommendations pay careful attention to the need for protection and preservation of the biological wealth of one of the world’s hot...

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CAG picks holes in functioning of PDS in the Capital

-The Hindu From identification of fewer than targeted families to not lifting adequate ration supplies from godowns to non-submission of utilisation certificates, the report of the Comptroller and Auditor General of India has found several anomalies in the Public Distribution System and functioning of the Department of Food Supplies and Consumer Affairs of the Delhi Government. In its report for the year ended March 31, 2011, the CAG has stated that a...

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We need a new anti-Maoist strategy

-Live Mint   Rural development minister Jairam Ramesh is advocating a new approach to fighting the Maoist insurgency that has gripped 78 districts so far. Apart from development and security, the approach involves politics and justice, he said. In an interview, Ramesh warned that in the rush to attain high growth rates, India was placing the interests of tribals below that of mining firms. The minister suggested the setting up of a...

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