-The Hindu Even as the Reserve Bank of India (RBI) frets over the high rate of inflation and wards off pressures to cut interest rates, it is faced with another challenge. Balance of payments data for the second quarter of 2012-13 show that the current account deficit continues to rise, and has touched a record 5.4 per cent of GDP. Both of these developments that would be considered signs of “overheating”...

-Live Mint Attempt to broad-base direct benefits transfer plan may help shore up the Congress’s standing among rural population The Congress-led United Progressive Alliance (UPA) government plans to include its flagship rural job guarantee programme in the second phase of its ambitious direct benefits transfer (DBT) plan, under which beneficiaries of social welfare programmes will receive money directly in their Aadhaar-linked bank accounts. The attempt to broad-base the cash transfer plan before several...

-PTI State governments have irregularly diverted funds aggregating to Rs 57.82 crore from the central government's flagship Integrated Child Development Scheme (ICDS) to activities not permitted under the programme, a CAG audit has found. In its report on the ICDS for 2012-13, tabled in the Parliament today, the CAG criticised the ministry of Women and Child Development (WCD) for "inadequacy" in monitoring systems under the scheme to combat child malnutrition. The report said...

-The Hindu If drought is making many in Osmanabad struggle for survival, it is also boosting a 24-hour trade that thrives on scarcity Bharat Raut spends around Rs.800 a month on petrol — just to fetch water that belongs to him. So do a lot of others in Takwiki village in Osmanabad district in Marathwada. Almost every household in Takwiki (and other villages) has one member locked into a single task each...

-The Times of India PUNE: In view of the increasing need for skilled manpower in the mental heath sector, the state health department has decided to train health workers at the village level and incorporate them in the mental health services. "At present, about 6,000 people with different mental illnesses can take treatment at four regional mental hospitals in the state. Even if the strength of health workers is increased, it would...