-PTI PATNA: Bihar Chief Minister Nitish Kumar today told the Centre that implementation of MGNREGA was suffering due to non-availability of funds even as the state government rejected CAG findings on the ambitious rural job scheme as totally "untrue and deceptive". "I have recently reviewed the implementation of MGNREGA in the state and it has been noticed that progress of implementation is suffering due to non-availability of funds," Kumar said in a...
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The fall of Saradha group revives old ghosts of ponzi schemes going bust -Atmadip Ray
-The Economic Times For many, it is a sense of deja vu. Fifteen years ago, the government and India's financial regulators came under fire after hundreds of crores were cleaned up by a few individuals and entities from gullible investors, who were promised fabulous returns from plantation schemes. In the uproar that followed, the government and the regulators sought to palm off the responsibility of regulation of such schemes on each...
More »Bhopal gas tragedy survivors stage protest in Mumbai
-The Hindu Around 200 survivors of the Bhopal gas disaster held demonstrations in front of the Dow Chemical's office in Vikroli in suburban Mumbai on Tuesday, demanding that the company take up the criminal, civilian and environmental liability of Union Carbide, which they now own. The demonstrators said they were protesting against Dow Chemical's continuing business in hazardous chemicals when the survivors were dying in Bhopal and the next generation was facing...
More »CAG discovers Rs 1,336 crore gap in EPFO books-Vikas Dhoot
-The Economic Times The country's chief auditor has uncovered a Rs 1,336-crore negative balance in the books of the Empoyees' Provident Fund Organisation (EPFO), the custodian of Rs 8.15 crore formal sector workers' lifetime savings. A report, prepared by the Comptroller and Auditor General (CAG) and reviewed by ET, says this discrepancy in the EPFO's books for 2011-12 could grow further. For beneficiaries, this could mean lower returns on provident fund savings...
More »Guess who paid for Vadra’s Bikaner land? DLF again by Vivek Kaul
-Firstpost.com The floodgates seem to have opened when it comes to news reporting on Robert Vadra and his real estate dealings. DNA today reported that “In a flurry of deals between June 2009 and August 2011, Robert Vadra purchased at least 20 plots of land collectively measuring more than 770 hectares in Rajasthan’s Bikaner district, in a region that would see prices spiraling soon after.” According to the newspaper, “A clutch of...
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