-The Indian Express An accountability framework is critical for flagship schemes In his budget speech, the finance minister gave the assurance that all flagship programmes of the government would be adequately funded. The government pours substantial funds into 70 Centrally sponsored schemes. In 2011-12, an amount of Rs 1,88,573 crore was allocated for the implementation of 13 development programmes, such as the MGNREGA, PMGSY, NRHM and JNNURM, under the auspices of nine...

-The Hindu Sets up a three-member panel to monitor execution of the order Gurgaon: The National Green Tribunal has through a recent order banned construction of roads and cutting of trees in the Aravallis directing the parties concerned to restore the area to its original condition. The Tribunal also set up a three-member committee to monitor the execution of the order. The order came on Badshahpur resident Devendra Kumar’s plea on violation of...

-The Indian Express Contrary to the perception that money laundering is widespread across the country's banking sector, the Financial Intelligence Unit (FIU) has found an average of only about 700 cases annually over the last four years on which investigations could be initiated. The FIU is the national agency responsible for tracking information related to suspect financial transactions. Finance ministry data shows that during the last four years, banks and other entities have...

-CobraPost.com Cobrapost's Shocking  Mega Expose: Major Indian Private Sector Banks, HDFC Bank, ICICI Bank and Axis Bank, Are Blatantly Running A Huge Nation-wide Money Laundering Racket New Delhi: A Cobrapost pan-India undercover investigation spanning several months, unearths a vast, nation-wide money laundering racket being run by HDFC Bank, ICICI Bank and Axis Bank.  The brazen criminal activity by these banks is channelizing vast amounts of black money into the regular banking...

-The Times of India The government is redrafting the anti-rape law following serious concerns raised by Cabinet members that the proposed legislation was loosely-worded and open to misuse, and did not account for new social realities of a growing women workforce and inadequacies of law enforcing agencies. The criminal law amendment bill was urgently referred to a group of ministers after objections were raised at Tuesday morning's Cabinet meeting over the formulation...