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Central Vigilance Commission wants to keep an eye on private banks -Vikas Dhoot

-The Hindu Asks PMO to frame law for it The Central Vigilance Commission (CVC) has urged the Prime Minister’s Office to bring private sector banks under its watch, citing the fact that they have been involved in many recent instances of malfeasance. Vigilance officers in all State-owned public sector banks are required to report irregularities and possible wrongdoing to the CVC, India’s apex body for checking corruption in the government. Private sector banks...

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Farmer bodies announce Public Audit of MSP system -Sayantan Bera

-Livemint.com From 14 March the farmer organisations will carry out a public consultation and audit of the MSP system in mandis in eight states and raise the demand to make MSPs a legal entitlement for farmers New Delhi: Holding the government accountable for its budget promise of ensuring minimum support prices (MSP) to farmers, a host of farmer organisations on Wednesday flagged that the winter harvest of gram, lentils and mustard, which...

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Agricultural sector growth slows down to 3%, show new estimates

  The Central Statistics Office (CSO) has recently made an upward revision to the growth to be experienced by the agrarian economy in the present crop year (viz. from July, 2017 to June, 2018). The growth in real Gross Value Added (GVA) by the agrarian sector as a whole is expected to be 3.0 percent in 2017-18 as per the second advance estimates of national income for 2017-18, which was released...

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Cutting it out: monitoring C-section deliveries -Bindu Shajan Perappadan

-The Hindu Doctors say there ought to be an audit of C-section deliveries in private and public health facilities In its new guidelines, the World Health Organization (WHO) has called for the elimination of the so-called ‘one-centimetre-per-hour’ benchmark — a rule of thumb that obstetricians use to determine whether a delivery requires surgical intervention. This is to counter what the body calls a “surge” in interventions such as caesarean sections that could...

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Can banking recover? -Jayati Ghosh

-The Hindu We need stricter adherence to sound banking rules and more transparency from public and private players The bank frauds involving Punjab National Bank (PNB) and the companies associated with businessmen Nirav Modi and Mehul Choksi as well as the Rotomac case couldn’t have come at a worse time. The Indian banking system is already reeling under the pressure of growing NPAs, or non-performing assets (less politely known as loans that...

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