The term ‘money laundering’ is said to have originated from mafia ownership of Laundromats in the US. Gangsters there were earning huge sums in cash by extortion, prostitution, gambling and bootleg liquor. They needed to show a legitimate source for these monies. Money launderers now resort to the use of apparently legitimate commercial transactions to camouflage their laundering activities. There has been an increasing amount of interest of late in commodity...

NREGA has always been touted as the UPAs flagship scheme but there have been a number of instances when the scheme has been misused by those who are dispensing funds.   IAS officers Sukhveer Singh and Chandrashekar Borkar both posted in Seedhi district in Madhya Pradesh, between 2006 and 2007, were charged with misappropriating nine crore rupees during this tenure. Funds meant for NREGA, a scheme that ensures hundred days of work...

Despite a sharp rebound in economic growth for many countries, global unemployment in 2011 is likely to continue at the record highs of the past three years, highlighting the need for long-term policies that prioritize quality job creation, according to the United Nations labour agency. Moreover, a narrow focus in developed economies on reducing fiscal deficits without addressing the challenge of job creation will further weaken employment prospects in 2011, the...

The Centre has asked Dispur to take urgent steps to bring down Infant Mortality Rate (IMR) and Maternal Mortality Rate (MMR) in the state. Sources said the Union health ministry had expressed concern over the key health Indicators, IMR and MMR, which continue to worry the government despite the achievements made under the National Rural Health Mission. While the IMR is 58 per 1,000, the MMR in Assam is over 400...

There is a new “plan” for the scheduled tribes, but the adivasis themselves will have no say. Alienation from the forest and its resources, alienation from cultivable land and alienation from the State underlie the anger of the adivasis in India’s heartland. This is not a new or startling observation. Adivasi mass organisations, the more sensitive administrators, political organisations with their ears to the ground and scholars who have studied India’s...