-The Business Standard   The land acquisition for the 12 million tonne Posco steel plant in Orissa has picked up pace with United Action Committee, a pro Posco outfit active at the project site near Paradip, extending its support to the process. On the fifth day of the exercise today, the revenue officials demolished 36 betel vines on the government land and distributed compensation of Rs 57 lakh to the beneficiaries in...

-The Central Chronicle   On an experimental basis, mobile banking services have been introduced in eight districts of the state to disburse wages to labourers in their villages itself under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS). There are plans to expand mobile banking services to remaining 42 districts. Under the plan, wages amounting to more than Rs. 74 crore have been paid to over two lakh 75 thousand labourers...

-PTI   The government’s flagship rural job guarantee scheme is innovative and has achieved quite high coverage but faces challenges like uneven implementation across states and “some evidence” of leakage of funds, a new World Bank report says. The study ‘Social Protection for a Changing India’ also says ensuring higher degree of awareness among people about the process of applying for work under the scheme and a strong monitoring and evaluation system...

The curiosum of a ‘red regime’ with a knack to get re-elected term after term for over more than three decades within the ambit of a full-fledged multi-party democracy has finally disappeared. The Left Front, led by the Communist Party of India (Marxist), has not merely lost the poll in West Bengal, it has been made mincemeat of. Its vote share has come down from close to 50 per cent...

-IBN   Despite India spending over two per cent of GDP in social protection schemes, their returns in terms of poverty reduction are yet to reach full potential, a World Bank report has said, pointing to "high leakages" in PDS and "uneven implementation" of MNREGA across states. The report, the first comprehensive review of India's social welfare and anti-poverty initiatives, said about 60 per cent of grains released by government under public...