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Build a company like Infosys, lift people out of poverty: World Bank president

-NDTV Jim Yong Kim, who took over as the president of the World Bank in July last year, is on his maiden visit to India. He speaks to NDTV's Vikram Chandra on his first impressions of the country, the development challenges that India is facing and how poverty levels can be brought down. Here are the highlights of what Mr. Kim said:     Significant that I went to Uttar Pradesh in my first...

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CAG report on mining submitted to Chhattisgarh government-Suvojit Bagchi

-The Hindu Raipur: The Comptroller and Auditor-General (CAG) has completed the process of handing over four Audit reports to the Chhattisgarh government. The first report was submitted on March 5 and the last on Monday, said a press release from the office of the Accountant-General (Audit) here. The CAG’s report on commercial mining of coal blocks in Chhattisgarh last year indicated that the former BJP president, Nitin Gadkari’s close aide, Ajay Sancheti, had...

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Ending Poverty in UP a Must for World Bank Mission: Kim

-Outlook Lucknow: World Bank Group President Jim Young Kim today said the mission of the multilateral institution was to end poverty, and there is no way in achieving this objective for the country without ending it in Uttar Pradesh. "We have called on two fundamental ideas one is end to poverty... In this generation, we think that we can end the poverty," Kim said in a joint press conference with Chief Minister...

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Short-Lived Relief -Lola Nayar

-Outlook The rot runs deep and cuts across states As expected, the farm loan waiver scam has hit the spotlight, with the Comptroller and Auditor General’s critical report being released in Parliament. Given the intense political grandstanding on display, many think this report (on the gaps in the implementation and monitoring of the Rs 52,275-crore scheme) has the potential to be a major political embarrassment for the UPA ahead of the...

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CAG questions costing of 350-acre Gurgaon land sold to DLF -Navneet Sharma

-The Hindustan Times In what seems set to provide fresh ammo to its political rivals, the comptroller and Auditor general (CAG) is learnt to have raised questions about the valuation of 350 acres given by the Haryana government to realty major DLF Limited in Gurgaon through competitive bidding for setting up a recreation-cum-leisure project. The CAG, which examined the procedures and the competitive bidding route taken by the Haryana State Industrial and...

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