-The Times of India Non-payment of wages in time under MGNREGA, rampant corruption at different levels, effectiveness of e-Shakti project, assistance for development from Finance Commission, non-issuance of identity cards to the PRI's elected representatives, formation of sub-committees in panchayats and use of Right to Information were some of the issues that cropped up during the five-day training programme for the office bearers of the three-tier panchayati raj institutions (PRIs) held...
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Black money debate: Government agrees to bring white paper
-The Economic Times Finance minister Pranab Mukherjee has said he had directed three institutions - NIPFP, NIFM and NCAER - to come out with a defendable assessment of the quantum of black money stashed away by Indians in foreign banks. Replying to the discussion on the adjournment motion moved in the House by BJP veteran LK Advani on "the situation arising out black money deposited illegally in foreign banks", Mukherjee declared...
More »One killed, 20 injured in clash at Posco site by Debabrata Mohanty
A 30-year-old labourer was killed and more than 20 were injured on Wednesday when villagers protesting the Posco steel project clashed with a group of labourers hired by a contractor near the Posco project area of Jagatsinghpur district. The clash occurred near Bosecalis Point at 1.30 pm when anti-Posco villagers came face-to-face with 60-70 labourers of Paradip PARIbahan, a private firm that is constructing a 12-km coastal road to link Paradip...
More »As losses mount, Areva goes in for huge job cuts by Vaiju Naravane
French nuclear giant Areva, which is planning to sell India six masssive1650 MWe EPR nuclear reactors for the Jaitapur site in Maharashtra, is facing serious financial difficulties with net losses in 2011 placed at well over €1 billion. Areva's CEO, Luc Oursel, announced drastic job cutbacks and the sale of over €2 billion worth of assets, essentially in the company's uranium mines sector, to offset these losses. Trading in the company's...
More »India income inequality doubles in 20 years, says OECD
-BBC Inequality in earnings has doubled in India over the past two decades, a new report says, making it one of the worst performers among emerging economies. The Organisation for Economic Cooperation and Development (OECD) says the top 10% of wage-earners make 12 times more than the bottom 10%, compared to six times 20 years ago. The OECD says India has the highest number of poor in the world. Some 42% of its 1.21...
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