-The Hindu Chennai: In a move to usher in more transparency in Mahatma Gandhi National rural Employment Guarantee Act, the Institute of Chartered Accountants of India (ICAI) will evolve standards to audit the scheme in 2.5 lakh villages, said ICAI president, Subodh Kumar Agarwal on Friday. Briefing reporters, he said ICAI would evolve a standardised procedure as the auditing of the MGNREGA scheme was unstructured one. He also urged the Centre...
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Setback for Mamata govt, HC upholds state EC's decision to hold panchayat polls in 3 phases
-PTI In a setback to the West Bengal government, the Calcutta High Court today upheld the primacy of the State Election Commission and directed that the panchayat elections would be held in three phases with Central armed police force as per the SEC's prayer. Holding that the primacy of the SEC was non-negotiable, Justice Biswanath Somadder, directed that the rural polls be held in three phases as sought by the commission, rejecting...
More »Too early to die
-The Hindu It cannot get any worse than this. Over three lakh newborns in India die on the very first day of their birth. With this the country ranks as number one in terms of first day of birth mortality; its share in global first-day deaths stands at 29 per cent. The appalling state of Indian health care to which this speaks is further highlighted by the fact that the...
More »Mamata proposes govt-sponsored deposit-taking scheme-Probal Basak
-The Business Standard The scheme can be named as 'Social Security Scheme' or 'We The People Scheme'; would not offer high returns like chit funds Kolkata: West Bengal Chief Minister Mamata Banerjee today proposed to launch a government-sponsored deposit-taking scheme to provide a secured saving option to the rural people of the state as an alternative. "To provide proper facility in the wake of growing financial insecurity, we are thinking of a social...
More »Former WB economist to lead Cornell poverty India initiative
-PTI Pingali has been appointed director of the Tata-Cornell Initiative in Agriculture and Nutrition Washington: Former World Bank economist Prabhu Pingali has been appointed by the Cornell University to lead effort to help reduce poverty and malnutrition in India, a project established through a USD 25 million endowment from the Tata Trusts. Pingali has been appointed director of the Tata-Cornell Initiative in Agriculture and Nutrition (TACO-AN), a long-term project established through a...
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