* A Rs 350 crore scam has surfaced in the Rajiv Gandhi National Creche Scheme * Three organisations are being investigated by the vigilance department of the women WCD ministry for mismanagement and for running creches only on paper * The scheme was for children of women in the unorganised sector * The organisations maintained fake audits and balancesheets signed by CAs Nothing, it would seem, is sacred for scamsters....
More »SEARCH RESULT
Total Matching Records found : 1111
Bonus Excesses and Outrage by Jaimini Bhagwati
Government and regulators need to focus on the systemic risk engendered by excessive compensation. As calendar year 2009 draws to a close, it is bonus season for the financial sector in the West. In the last several months, the need to cap bonuses and compensation packages has been extensively discussed in the context of limiting the future impact of the next financial sector breakdown. On December 9, 2009, the UK was...
More »Census & data
The process for finalising the parameters for the 2011 Census is on, and a key question is yet to be answered. In response to a question in Parliament, Union Minister of State for Home Ajay Maken said that the census exercise would be conducted between February 9 and 28, 2011. But there was no word on whether information on caste would be elicited. India’s decennial census is the largest data...
More »Violence and threats bring a government to its knees by Vidya Subrahmaniam
Rajasthan had emerged as a model for transparency and accountability in NREGS implementation. Tragically, entrenched interests have been allowed to hijack the process. Through the second half of October and for most of November this year, Rajasthan was engulfed in an unusual form of protest, spearheaded in the main by gram panchayat officials. Joined in some places by elected MLAs and MPs, and backed covertly by a section of District...
More »A chill in the boardroom
Business lobbyists complain that a regulatory tsunami is on its way. But some firms are embracing the proposed reforms “WHEN people hear the word regulation, they feel stifled, delayed, and many times they believe that government is being intrusive,” said Hilda Solis, America’s labour secretary, on December 7th as she unveiled plans for 90 new regulatory initiatives to improve the lot of workers. If you doubt her word, try mentioning regulation...
More »
