-The Business Standard A study has found that the poor households earned a total of Rs 1,545 cr, spent a total of Rs 1,185 cr, and contributed a savings of Rs 360 cr to the city in 2011 Urban poor living in slums of Bangalore contribute 3-3.5 per cent of the City’s economy. About 9-11 per cent of the city’s population that lives in slums contribute between Rs 1,643 crore to Rs...
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Sebi asked for details on RIL-RPL deal in insider trading case-Anirudh Laskar, Aman Malik and Khushboo Narayan
-Live Mint Information commission asks Sebi to disclose details of consent order proceedings, identities of entities involved Mumbai/New Delhi: The Central Information Commission (CIC) has directed India’s stock market regulator to disclose all details related to the insider trading case involving Reliance Petroleum Ltd (RPL) in 2007, in a move that could have a bearing on not just the functioning of the Securities and Exchange Board of India (Sebi), but also the...
More »Food worth crores for poor children siphoned off in Maharashtra, finds Supreme Court panel-Saurabh Gupta and Mala Das
-NDTV Mumbai: In a grim reminder of the continuing misery of the poor in India, a report by a Supreme Court panel has revealed widespread irregularities in the production and supply of food for malnourished children in Maharashtra. While private contractors illegally supplied food and made massive profits, the poor children, who were entitled to the benefit under the anganwadi scheme, were fed stale and low-quality food. The shocking revelations are part...
More »RIL wants offshore gas fields audit to be kept secret, CAG says no -Subhomoy Bhattacharjee
-The Indian Express Sharp differences have emerged between the Comptroller and Auditor General (CAG) and Reliance Industries Ltd (RIL) over the scope of an audit into the production sharing contract between the company and the government for RIL’s off-shore gas fields. RIL had set two conditions: the audit should maintain the confidentiality arrangement between it and the government; and the scope of the audit should be restricted to accounting procedures of the...
More »States Must Give Property Rights to slum Dwellers: Maken
-Outlook Newly-appointed Minister of Housing and Urban Poverty Alleviation Ajay Maken today said the state governments would be asked to issue an executive order to provide property rights to slum dwellers till the Model Bill on the issue is passed. Soon after taking charge of the ministry today, Maken told reporters that a Model Property Rights to slum Dwellers Bill, 2011 will be passed at the earliest and the states would be...
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