-The Central Chronicle On an experimental basis, mobile banking services have been introduced in eight districts of the state to disburse wages to labourers in their villages itself under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS). There are plans to expand mobile banking services to remaining 42 districts. Under the plan, wages amounting to more than Rs. 74 crore have been paid to over two lakh 75 thousand labourers...
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Funds freeze on two districts by Amit Gupta
The Centre has held back Mahatma Gandhi National Rural Employment Guarantee Scheme funds earmarked for Latehar and Bokaro in light of recent murders of a labourer and activist, but agreed to release dues for 2011-12 fiscal for other districts of Jharkhand, a state already under the scanner for poor implementation of the flagship job scheme. State MGNREGS commissioner Ajoy Kumar Singh, who is in Delhi to pursue the matter, told The...
More »Just A Clever Comma? by Lola Nayar
The GM crops debate rages, but pressure is on to end the moratorium Actively On Hold? Well... * GEAC meets experts in late April, butthrows no light on safety reviews * Second report by national science academies supports limited release * GEAC chairman rejects limited release; assures further discussions * No decision on further tests or studies to justify Bt Brinjal * Civil society groups meet GEAC in May, seek...
More »RTI reveals RBI apathy over National Litigation Policy by Vijaysinh Parmar
The National Litigation Policy (NLP) aimed at reducing the cases pending in various courts in India is nine months old, but the Reserve Bank of India (RBI) which is supposed to implement the pro-citizen policy in the banking sector is unaware of it. The Department of Banking Operations and Development in the RBI's central office in Mumbai has told a Right to Information (RTI) activist that it does not have any...
More »Satyam auditing not the only slip-up in India, admits Price Waterhouse India by John Samuel Raja & Sangita Mehta
Five audit firms of Price Waterhouse India have admitted to the US markets regulator, the Securities and Exchange Commission (SEC), that deficiencies in their auditing process were not restricted to Satyam Computer , but extended to other companies audited by them in India as well. This disclosure by PW India is in two documents released by the SEC on April 5 while concluding its findings on the Satyam accounting fraud case....
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