-The Hindu   Kozhikode: An audit report of the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) has slammed the State government for non-performance and poor maintenance of records in implementing the scheme from 2007 to 2012. The performance audit report, prepared by the Comptroller and Auditor General of India (CAG) and tabled in Parliament on Tuesday, revealed "delays ranging from four to six years in framing rules.'' "There were significant variations between...

-The Times of India Parliament's standing committee on Coal and Steel has indicted the government for "totally abusing its powers" in allotting coal mines between 1993 and 2010 through the "most non-transparent procedure" to "few fortunate ones for their own benefit". "The government cannot give largesse on its arbitrary discretion or its sweet will," the committee, under the chairmanship of Trinamool Congress MP Kalyan Banerjee, said in its latest report tabled in...

-The Telegraph Mumbai: The Securities and Exchange Board of India (Sebi) today asked Saradha Realty India to wind up its collective investment schemes and refund investors within three months. The company as well as its managing director Sudipto Sen have been prohibited from accessing the capital markets until all collective investment schemes are wound up and the refunds are complete. Legal proceedings and steps to wind up Saradha Realty would also be...

-The Hindu   Fault lies with States, unfair to blame Centre: CAG source The Comptroller and Auditor-General has found serious lapses in implementation of the UPA's flagship programme, the Mahatma Gandhi National Rural Employment Guarantee Scheme. In its second performance audit submitted to Parliament on Tuesday, the CAG said employment under the MGNREGS declined, funds were being diverted for other use and possible irregularities related to wage payments occurred. The audit covers implementation of the...

-The Times of India KOLKATA: The inferno triggered in a million homes by the Saradha meltdown has singed the ruling Trinamool Congress. The heat was palpable at an informal meeting of Trinamool MPs at Parliament's Central Hall on Tuesday when the knives were out against the tainted partymen who have harmed Didi's Ma-Mati-Manush image. With Sudipta Sen in custody, at least two heads in the Trinamool are set to roll, say party...