-PTI The Supreme Court on Monday issued notice to the Centre on a PIL seeking to make intelligence agencies IB, RAW and NTRO accountable to Parliament. A bench headed by Chief Justice Altamas Kabir sought response from the Centre and the three intelligence wings for bringing the agencies under the oversight of Parliament and CAG. The bench also asked Attorney General G E Vahanvati to assist it in deciding the PIL filed by...
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IMF says India shouldn’t rush to give banking licences to conglomerates-Remya Nair and Asit Ranjan Mishra
-Live Mint The International Monetary fund (IMF) has warned India against licensing corporate entities to step into the business of commercial banking, saying the risks associated with such a move potentially outweigh the benefits of creating more banks. IMF’s Financial System Stability Assessment Update said it would be prudent for India to first put in place and gain sufficient experience in implementing a comprehensive framework for the purpose before considering the entry...
More »Armed forces' canteens to be reviewed by national auditor CAG-Sudhi Ranjan Sen and Shamik Ghosh
-NDTV Over-ruling the objections of India's defence forces, the government has said that 4500 canteens in the Navy, Air Force and Army will be reviewed by the national auditor CAG. The canteen's run by the armed forces qualify as the biggest retail chain of the country which serve all serving and retired personnel of the three services. At the top of the chain are the 34 outlet of the Canteen and Stores...
More »Health versus wealth-Poornima Joshi
-The Hindu The Planning Commission’s perspective on universal health care causes concern Current deliberations in the Planning Commission about actualizing universal health care in the Twelfth Five Year Plan, have invited concerns. There has been a marked thrust on state-funded insurance as opposed to a genuine effort on the government’s part to rebuild public health systems, something that has been a globally time-tested system to ensure health for all. The ongoing discussions are...
More »Act to monitor NREGS funds
-The Asian Age With several controversies emerging that the funds released for the Mahatama Gandhi National Rural Employment Guarantee Scheme (MGNREGS) being utilised for other purposes by many state governments, the Haryana government has on Sunday made MGNREGS Fund Act to check the proper and dedicated utilisation of the funds. As per the new notification to this effect, issued by the rural development department, Haryana, funds received from the Union government and...
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