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Lax norms linked to banking fraud: CAG

-The Times of India NEW DELHI: Blaming weaknesses in the regulatory system as being the reason behind the rising cases of financial sector fraud, comptroller and auditor general (CAG) Shashi Kant Sharma on Friday drew attention to huge non-performing assets (NPAs) of public sector banks, a significant part of which could have been fraudulently obtained as advances by debtors and transferred abroad, from where they may never be recovered. The CAG also...

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Centre owes over Rs. 81,000 cr. to States

-The Hindu The amount is tax share of last 10 years The Centre owes over Rs. 81,000 crore to States as tax shares of last 10 years, according to a finding by the Comptroller and Auditor-General of India. According to details of communication between the CAG and the Finance Ministry, between 1996-97 and 2014-15, the Centre has failed to devolve to States Rs. 81,647.70 crore. Just in 2006-07 the Centre did not disburse...

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Sham Of India's Food Security -Lola Nayar

-Outlook Though the Modi government claims 33 states and Union Territories are implementing NFSA,​ the facts on the ground ​are very different. Millions wait for proper identification and delivery of the promised highly subsidized foodgrains even as hunger stares at some of the extremely poor households Three years after the National Food Security Act (NFSA) was enacted it appears crores of poor who were to be provided food grains to keep hunger and...

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Most of rural India still opts for open defecation: NSS report

-The Hindu Jharkhand has lowest percentage of households with toilets while Sikkim has the most More than half the rural population of the country still opts for open defecation, says the recently released Swachhta Status Report by the National Sample Survey (NSS) Office. The nation-wide rapid survey was conducted during May-June 2015, concurrently with the 72nd round of the NSS. The survey was to track the government’s flagship programme, Swachh Bharat Abhiyan....

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As the heat rises in Odisha, water is a scarce commodity -Debabrata Mohanty

-The Indian Express In steel city Rourkela, a massive drinking water crisis is unfolding in the Rourkela Steel Plant township due to the drying up of the river Koel which provides water to the city. With no let-up in intense heatwave conditions in Odisha and over 59 sunstroke deaths being reported across the state, the government yesterday asked all schools in the state to extend their closure till April 26. Early this...

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