The government's ambitious economic census to create a comprehensive database of the economic profile of India's households and businesses has been pushed back again because of lack of personnel. The census department is right now busy with the survey to enumerate people below poverty line and feels a simultaneous economic survey will stretch its resources undermining the data quality. "There has been a decision taken to delay the economic census as conducting...
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UID poses national security threat: BJP
-The Times of India BJP on Saturday said inclusion of all Indian residents in the Unique Identification (UID) number scheme would present a threat to the nation's security by giving illegal migrants rights of citizens. "In many parts of India, infiltrators from Bangladesh are there, there are people from Pakistan living in parts, they are not citizens of India, but terror, trouble and destabilization is fomented by them," party spokesperson Ravi Shankar...
More »$128 billion siphoned out in a decade by Subodh Varma
-The Times of India Even as the country continues to witness a campaign for a strong anti-corruption watchdog, a report has calculated that between $104 billion and $128 billion (roughly Rs 5 to 6 lakh crore) was illegally siphoned out of India in the decade spanning 2000 to 2009. This works out to an average outflow of about $10-13 billion (Rs 48,000 to Rs 63,000 crore) every year. The report has been prepared...
More »Huguette Labelle, chairperson of Transparency International interviewed by ET
India has scored 3.1 (down from 3.3 last year) on a scale - where 10 indicates very clean and zero, highly corrupt - of Corruption Perceptions Index (CPI). The CPI focuses on corruption in the public sector, involving public officials, civil servants or politicians. The data sources used to compile the index include questions relating to the abuse of power and bribery of public officials, kickbacks in public procurement, embezzlement of...
More »RBI asked to name top 100 defaulting industrialists by Anuja & Remya Nair
The commission has now directed RBI to furnish the information by 10 December to the applicant and publish it on its website by the month-end The Central Information Commission (CIC), which enforces the Right to Information Act, has directed the central bank to make public the names of the top 100 industrialists who have defaulted on loans taken from public sector banks. The Reserve Bank of India (RBI) had declined to disclose...
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