-The Economic Times Three weeks ago, when the Supreme Court reopened the iron-ore mining door some more in Karnataka, miners in Orissa breathed a Rs 50,000 crore sigh of relief. Also in the dock for some offences of a similar nature, Orissa's iron-ore miners, who produce a third of this mineral that is critical to steel, had been dreading their fate, which lay in the hands of a Central government panel. The...
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NABARD shifts blame for corporate warehousing scheme to FinMin, RBI-Shalini Singh
-The Hindu In the eye of the storm for funding corporate warehousing projects on terms far softer than those offered to poor farmers, the National Bank for Agriculture and Rural Development (NABARD) is now blaming the Ministry of Finance (MoF) and the Reserve Bank of India (RBI) for the transgressions. Following a story in The Hindu, (‘As farmers suffer, NABARD offers soft loans to corporates, ' December 10, 2012), NABARD came under...
More »ICAI plans to audit rural job scheme
-The Hindu Chennai: In a move to usher in more transparency in Mahatma Gandhi National Rural Employment Guarantee Act, the Institute of Chartered Accountants of India (ICAI) will evolve standards to audit the scheme in 2.5 lakh villages, said ICAI president, Subodh Kumar Agarwal on Friday. Briefing reporters, he said ICAI would evolve a standardised procedure as the auditing of the MGNREGA scheme was unstructured one. He also urged the Centre...
More »House stalemate could push food bill to next session -Zia Haq
-The Hindustan Times Passage of the UPA's flagship food security bill, a potential vote-winner, is at risk of being delayed with the BJP disrupting Parliament as it seeks the heads of two scandal-tainted ministers and key government ally Sharad Pawar demanding a full debate on the legislation. The food bill aims to give about two-thirds of Indians, or over 800 million people, a legal right to cheap food, and is a programme...
More »Everyone loves food security -Sunil Jain
-The Indian Express The Congress's bill could end up sponsoring the NDA's campaigns A good thing about the logjam in Parliament, it has to be said, is that it has prevented the ill-advised food security bill from being passed. It would, though, be naive on our part to presume the BJP stalled Parliament - the Congress's blatant abuse of the CBI process was a big reason for this - only because it...
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