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NGOs under fire over 'hidden' $3.2bn: Supreme Court blasts social groups as just 10 per cent file financial records -Harish V Nair

-DailyMail.co.uk Your friendly neighbourhood NGO worker may have been crying themselves hoarse for years over social ills, but there is a high chance that the organisation he or she represents lacks financial transparency. Nearly 25 lakh NGOs across the country, most of whom receive funds worth crores of rupees from the government and abroad, came under the Supreme Court's scrutiny on Monday after the CBI submitted that only 10 per cent of...

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Rural wage growth lowest in 10 years, signals farm distress, falling inflation -Harish Damodaran & Surabhi

-The Indian Express Rural wages in India have registered an average annual growth of 3.8 per cent in November, the lowest since July 2005, according to Labour Bureau data. The 3.8 per cent year-on-year increase is a significant drop relative to the two-digit growth rates prevailing until June, and the peak 20 per cent-plus levels of 2011 (see graph). "The numbers confirm the findings in our mid-year economic analysis that inflation is...

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We are sucking up groundwater fast -Hamza Khan

-The Indian Express Lucknow: Indiscriminate extraction of groundwater is continuing unabated in Uttar Pradesh with the number of blocks over-exploiting the natural resource registering three-fold hike in seven years. Number of such blocks is now pegged at 111, as per the latest data compiled by the Uttar Pradesh Ground Water Department for 2011. The groundwater data is compiled by the department every two years and analysed, before being released. As per...

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India experiences twin monsoon failure, first time in 10 years -Harish Damodaran

-The Financial Express For the first time in a decade, India has experienced deficient rainfall in both the main south-west as well as the north-east monsoon seasons. According to data from the India Meteorological Department (IMD), the country as a whole received an average rainfall of 85.2 mm during October 1 to December 31, 33 per cent below the "normal" long period average of 127.2 mm for this period. That translated into a...

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Odisha to bring agri resource allocation plan this fiscal -Sadananda Mohapatra

-Business Standard The plan will ensure effective distribution of resources from various schemes Bhubaneswar (Odisha): The agricultural directorate will prepare a resource allocation plan by end of March 2015, after consulting Odisha University of Agriculture and Technology (OUAT) and district planning committees. The aim of the plan will be to identify needs to develop farm products yield in each district such as planning to invest in soil preparation, crop diversification or irrigation...

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