-The Times of India New Delhi: The Delhi Lokayukta has indicted chief minister Sheila Dikshit for allegedly misusing public funds for an advertisement campaign in the run-up to the 2008 assembly polls. The ombudsman has recommended to the President of India to administer "caution" to the CM for the alleged misuse of funds and ask her to reimburse either herself or through her party a sum of Rs 11 crore as...
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Growth falters as UPA completes 4-years in office -Surojit Gupta
-The Times of India NEW DELHI: The second tenure of the UPA coalition has witnessed a sharp slowdown in growth, stubborn prices, high interest rates and faltering business confidence. While there are some tentative signs of a revival on the horizon, the Indian economy is still not out of the woods and experts say sustained policy and governance reforms are needed to lift Asia's third-largest economy back to its potential growth rate...
More »Death in parched farm field reveals growing India water tragedy -Rakteem Katakey, Rajesh Kumar Singh and Archana Chaudhary
-Live Mint/ Bloomberg Conflicts between industry and farmers getting worse as water becomes more and more scarce Sachin Ingale slipped out of his family's two-room, white-painted mud hut about 4pm and walked into their farm field where the 22-year-old took a deep swig of pesticide from a plastic bottle. He died later that evening. Four months later, the mercury is pushing 50 degrees Celsius (122 degrees Fahrenheit) in his village in...
More »Prime Minister Manmohan Singh has no cash, owns a 1996 Maruti car
-IANS Guwahati: Prime Minister Manmohan Singh does not have any cash in hand and owns a 1996 Maruti car, unlike many of his colleagues. This was revealed by the affidavit he submitted to the returning officer in Assam on Wednesday while filing his nomination papers for the forthcoming Rajya Sabha elections. Manmohan Singh stated that his total annual income is Rs 40,51,964. The Prime Minister also declared his total movable assets to be...
More »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...
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