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Rs 3,000cr lost as tax rebates to NGOs, trusts: CAG

-The Times of India NEW DELHI: The government has given away more than Rs 3,000 crore by way of tax exemptions to some non-deserving big charitable organizations and trusts. The revelations were made in a Comptroller and Auditor General (CAG) report which was submitted to the government for tabling in the monsoon session of Parliament but it was deferred by the government. Sources said the Auditor has covered almost all big trusts and...

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Food Corporation of India is prepared to implement Food Security Law: KV Thomas -Sutanuka Ghosal

-The Economic Times KOLKATA: In the wake of the just-enacted National Food Security Act, the Union Minister for Food and Public Distribution, Prof KV Thomas recently reviewed the operations of Food Corporation of India (FCI), especially from the point of view of its preparedness for implementing the law. Expressing satisfaction after the review, Prof. Thomas said the FCI had been undertaking various steps in the last one year towards increasing the storage...

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A Tough Gangtok Rap -Soumik Dutta

-Outlook An RTI exposes how the Sikkim govt has blatantly misutilised funds meant for quake relief Whose Money Is It Anyway! Of the Rs 60.45 crore allocated for construction of roads and bridges, the state government gave only Rs 30 crore Another Rs 52.64 crore was allocated, of which the government again spent only Rs 3 crore On the other hand, the...

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Over 75% of donations to parties from unknown sources -Himanshi Dhawan

-The Times of India NEW DELHI: Over 75% of the funding received by political parties is from unknown donors. This flies in the face of claims made by parties that details of their financial statements are in the public domain. According to data analyzed by Association for Democratic Reforms (ADR), the total funds received by six national political parties between 2004-2005 and 2011-2012 was Rs 4,895.96 crore of which only 8.9%...

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Protecting forest lands

-The Hindu The report of the Comptroller and Auditor General underscoring the blatant violation of conservation laws and Supreme Court orders in the diversion of forests for destructive non-forestry use confirms what former Environment Minister Jairam Ramesh said about the system: it's a bit of a joke. The compensatory afforestation mechanism instituted to balance the devastating loss of natural forests has failed abysmally. The CAG's report is proof that India's...

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