-The Times of India NEW DELHI: The government has accepted before Parliament's Public Accounts Committee that the findings of the Comptroller and Auditor General on UPA's Rs 52,000 crore farm debt waiver scheme were correct. The auditor in its test check had discovered large-scale irregularities where undeserving farmers were given waiver benefit - at least one-third of the total disbursement were found questionable. On Thursday, the PAC will meet here to give...

-Outlook A parliamentary committee has picked holes in the ambitious agriculture debt waiver and debt relief scheme of the UPA government saying it could not achieve its goals due to a variety of reasons including violation of guidelines and poor monitoring. Parliament's Public Accounts Committee (PAC) in its draft report on the scheme said there was a "flagrant display of financial and administrative indiscipline by the Department of Financial Services (of the...

-The Week Telangana leader claims he is making astronomical profits from capsicum farming Telangana: Not many politicians who own land are farmers. But Telangana Rashtra Samithi president K. Chandrasekhara Rao is different. While he ensures Telangana remains a burning issue, Rao is also busy growing capsicum, potato, bitter gourd, and bottle gourd. The capsicum crop itself, he claims, will fetch him Rs.10 crore. His claim of huge returns and promise of land...

-PTI MUMBAI: Recommending sweeping changes in the banking structure, an RBI panel on Tuesday suggested setting up of specialized banks to cater to low income households to ensure that all citizens have bank accounts by 2016. It also suggested that facility for withdrawal, payment and deposit should be set up within a 15-minute walking distance anywhere in the country. "By January 1, 2016 each resident, above the age of 18, would have an...

-The Indian Express Kutch (Gujarat): Bhajan Singh, 62, remembers the time curious villagers turned up to see a borewell his father Gopal Singh had dug up. The year was 1969 and it was the first time Sumrasar village, near Bhuj in Kutch district, had had a borewell. Few had ever seen it work, as they depended entirely on rainwater for the barely one crop they harvested a year. Originally from Pakistan, Gopal...