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Court takes on ‘deposit’ firms -Pankaj Sarma

-The Telegraph Guwahati: Gauhati High Court has taken up a suo motu PIL against the Calcutta-based Saradha Group and similar deposit collecting companies for allegedly duping scores of investors in Assam of their hard-earned money. Official sources said the high court recently took up the PIL (15/2013) after taking cognisance of Krishak Mukti Sangram Samiti (KMSS) general secretary and RTI activist Akhil Gogoi's letter to Chief Justice Adarsh Kumar Goel. Akhil had alleged...

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Rs.1,755-crore drought relief package for non-delta farmers

-The Hindu   Assessment by high-level committee based on interactions with farmers Chennai: A Rs.1,755-crore package of drought relief measures was unveiled on Friday for non-Cauvery delta districts in the State. Of this package, six components were meant for about 17.9 lakh farmers, who had suffered over 50 per cent crop loss. The farmers, for a variety of crops, would receive a total compensation of Rs. 835.21 crore. Making an announcement in the Assembly, Chief...

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Cobrapost sting: Staff at ICICI Bank, HDFC Bank and Axis Bank may have violated KYC norms, says RBI

-The Economic Times MUMBAI: The employees at ICICI Bank, HDFC Bank and Axis Bank may have violated know-your-customer norms and helped clients evade taxes, the Reserve Bank of India's investigation has found. "Banks opened current account based on power of attorney without KYC," ET Now reported citing people familiar with the report. "Banks gave cash advances for gold purchases", which is a violation of norms, it said. The central bank and the...

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Social Justice

KEY TRENDS   • According to National Sample Survey report no. 583: Persons with Disabilities in India, the percentage of persons with disability who received aid/help from Government was 21.8 percent, 1.8 percent received aid/help from organisation other than Government and another 76.4 percent did not receive aid/ help *8   • As per National Family Health Survey-4 (NFHS-4), the Under-five Mortality Rate (U5MR) was 57.2 per 1,000 live births (for the non-STs it was 38.5)...

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Sub-Saharan Africa fares well over South Asia on Malnutrition -Rituraj Tiwari

-The Economic Times WASHINGTON: As India gears up to provide food security cover to 67% of its population, a report compiled by Global Development Network says that the challenges to food security and rural livelihood is fast growing not only in India but in entire South Asia. The report says that the problem can be addressed by investment in agriculture and rural livelihoods on a priority basis. "Financial investment in agriculture research...

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