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CAG smells a rat in UPA's Rs 72k-cr farm debt relief scheme

-The Business Standard Report says ineligible farmers given benefits In a fresh blow to the United Progressive Alliance (UPA), the Comptroller and Auditor General of India has rapped the finance ministry over allegedly serious lapses in implementation of the Rs 71,680-crore agricultural debt waiver and debt relief scheme — a major plank on which the coalition had contested the 2009 general elections. A report tabled in Parliament today showed CAG, after auditing 22.32...

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Survey: many corporates hiked budget for safety of women staff

-The Hindu Bangalore: Many corporates have responded positively to the government’s advice to increase their overall budget by 65 per cent for safety and security, especially of women, revealed a survey undertaken by ASSOCHAM Social Development Foundation (ASDF). According to the findings of the survey on ‘Women Safety and Security Budgets for 2013-14’, some corporates have hiked their budget by 65 per cent while others are in the process of doing it. The...

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A walk on the wild side

-The Economist Government borrowing generates inflation, widens the external deficit and crowds out much-needed investment. Can India now overcome its debt addiction? INDIA has grappled with its public finances for long enough. When presenting its first budget after independence in 1947, the finance minister of the day insisted that the country was not living beyond its means. Yet every budget since has failed to produce a surplus. India borrows more heavily...

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Protests sour Modi date with printers -Radhika Ramaseshan

-The Telegraph Narendra Modi will be “Romancing Print” on March 2 but some printers, unwilling to be wooed by the Gujarat chief minister, have dropped out of a conference where he will be chief guest. “The print and publishing industry cannot play Goebbels to Modi,” Indu Chandrasekhar, the founder of Tulika Books, wrote to the organisers of the conference in Delhi being held to exchange ideas on digital printing, motivating the self,...

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Aadhaar must be basis for direct benefit transfers: Ashok Khemka

-The Economic Times The Direct Benefits Transfer (DBT) scheme commenced with the initial rollout in 20 districts covering seven scholarship schemes. Another 23 districts will be covered by March this year. The intention is to link all government benefits to Aadhaar-based identification of beneficiaries and to channelise the cash benefits through Aadhaar-enabled bank accounts. Irrespective of the merits of translating some benefits delivered in kind like in PDS into their cash-equivalent, for...

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