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Fixing the foundations

-The Indian Express Chit fund scams shine the light on the need to overhaul the financial regulatory architecture Cases of semi-regulated or unregulated entities making unrealistic promises to consumers are roiling the financial landscape. It is high time the government sees the pattern and undertakes fundamental change. The search for a solution must factor in two realities. The first is the failure of the formal regulated financial system. The breakdown of present...

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West Bengal chit fund scam: Knives out for tainted Trinamool MPs

-The Times of India KOLKATA: The inferno triggered in a million homes by the Saradha meltdown has singed the ruling Trinamool Congress. The heat was palpable at an informal meeting of Trinamool MPs at Parliament's Central Hall on Tuesday when the knives were out against the tainted partymen who have harmed Didi's Ma-Mati-Manush image. With Sudipta Sen in custody, at least two heads in the Trinamool are set to roll, say party...

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The aadhaar of mass health insurance -Alok Agarwal

-The Hindu Business Line     Technology has improved the poor's access to healthcare. India grapples with the issue of a major divide between the well-to-do and the lower end of the population strata. The challenge of uplifting the ‘below the poverty line' section of the population remains a challenging task. One of the areas which ranks high on this priority list is access to healthcare facilities. As is well known, events related to emergency...

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Delhi groundwater, a deadly cocktail: CGWB report-Bharat Lal Seth

-Down to Earth Inadequate sewage treatment and disposal in the national capital territory is contaminating city's groundwater Delhi residents who depend on groundwater for their drinking water needs be warned. The latest data of the Central Ground Water Board (CGWB) shows that groundwater samples taken from observation wells in the national capital are getting contaminated because of their unhygienic catchments and untreated sewage, which is discharged in the open and into drains,...

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Irregularities in implementation of national rural employment scheme: CAG audit report -Swati Mathur

-The Times of India LUCKNOW: The Comptroller and Auditor General of India tabled the second performance audit of the Mahatma Gandhi National Rural Employment Guarantee Act in Parliament on Tuesday. The first performance audit was undertaken in 2007-08. The period of coverage of the first audit was February 2006 to March 2007. The present performance audit of the implementation of MGNREGA was taken up in response to a request from the ministry...

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