Irregularities in the public distribution system (PDS) are rampant in the district due to lack of an effective vigilant mechanism. Fair price shop dealers, who are allegedly having nexus with politicians and bureaucrats, are diverting essential commodities to the black market. There are 2,600 fair price shops across the district and about 11 lakh poor families benefit with these. The vigilance and enforcement officials conducted several raids and unearthed illegally hoarded subsidised rations...

Amid the heat and dust over high interest rates charged by microfinance institutions and reports of coercive recovery methods by some lenders in Andhra Pradesh, MFIs in eastern India are trying to strike a more cordial note with borrowers by lowering interest rates. At least three MFIs based out of Kolkata are on the verge of slashing lending rates by nearly 500 basis points to 19.1% per annum, on reducing balance...

The trend of government officials approaching the High Court against the Central Information Commission's (CIC) decision imposing fines on PIOs for delay in information to applicants under the RTI Act has started a debate amongst the RTI activists. Activists said very few information commissioners have levied monetary fine on the Public Information Officers (PIOs), who do not comply with the provisions of the Right to Information (RTI) Act. And now the...

The Union ministry of environment and forests (MoEF) has given clearance to the department of atomic energy to set up a neutrino observatory  in Bodi West Hills reserved forest in Theni district in south Tamil Nadu. However, the approval is subject to conditions that the project does not entail cutting down trees or causing damage to the forest cover. The MoEF  has also insisted on measures to minimize the effect...

The Reserve Bank of India (RBI) is to consider a proposal for opening of weekly branches in unbanked panchayats in the state. Gumla is one among the 16 districts, which have been classified as under-banked districts in the state. Delay in disbursing wages under MGNREGA and executing other welfare schemes will now be sorted out by reaching banking services to hitherto unbanked areas and new measures have also been initiated. Before the...