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Pulses scam: Babus unable to explain Rs 1,200cr loss

-The Times of India The government has been unable to explain why public sector firms imported pulses at a loss of 21%-30% a year from 2006 to 2011 adding up to Rs 1,200 crore, while private importers did not appear to have suffered such a misfortune. Questioned by Parliament's Public Accounts Committee about the " pulses scam" revealed in a Comptroller and Auditor General report, senior commerce and consumer affairs officials has...

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MIHIR SHAH UNVEILS A BOLD NREGA-2

  MGNREGA, which entitles millions of workers enrolled under it to at least Rs 100 a day for 100 days of work in a year, is undergoing an overhaul based on a set of recommendations of a committee headed by the Planning Commission member Mihir Shah.   Encapsulated in The Mahatma Gandhi National Rural Employment Guarantee Act 2005 - Operational Guidelines 2012 in what is being called “MGNREGA 2.0”, the recommendations aim for...

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Small loans add up to lethal debts by Erika Kinetz

-AP The microfinance industry pursued a path of rapid business growth in recent years; two investigations now link it to debtor suicides   First they were stripped of their utensils, furniture, mobile phones, television sets, ration cards and heirloom gold jewellery. Then, some of them drank pesticide. One woman threw herself into a pond. Another jumped into a well with her children. Sometimes, the debt collectors watched nearby. More than 200 poor, debt-ridden residents of...

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India shuts aid groups involved in nuke protests

-AP India has shut down three aid organizations it says were diverting foreign funds toward rallying protests against a Russian-built nuclear plant in the south, but one group on Saturday denied any involvement in the protests while another said its efforts were entirely homegrown.  Activists opposed to an expansion of India's atomic energy portfolio argue that Japan's Fukushima nuclear disaster caused by a massive earthquake and tsunami last March showed that such...

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Universal healthcare plan may be nixed-Sahil Makkar

The Congress-led United Progressive Alliance (UPA) is likely to run into a debate on public health policy after the Planning Commission moved to nix a proposal to include healthcare in the list of public entitlements such as education and food. Central to the proposal—initiated by a high-level expert group (HLEG) headed by K. Srinath Reddy, a leading advocate of preventive cardiology and president of the Public Health Foundation of India—was the...

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