A day after he ended his 97-hour fast demanding a stronger anti-graft Lokpal Bill, social activist Anna Hazare Sunday said the process of formulating the act will be videographed and the procedures will be made public. 'The committee will start its work on the draft from April 16, the procedures will be videographed and made public,' Hazare told reporters. 'The procedure will be totally transparent, from formulation to the time after it...
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Andhra to use NREGS funds for roads in SC/ST areas by Sreenivas Janyala
Andhra Pradesh will be the first state to use National Rural Employment Guarantee Scheme (NREGS) funds to provide road connectivity and improve hygienic conditions in remote areas inhabited by Scheduled Caste and Scheduled Tribe people. Rural connectivity has now been included in the permissible category of works under the Mahatma Gandhi National Rural Employment Guarantee Act (MNREGA). Following this, the state government decided to spend Rs 1,000 crore from NREGS funds to...
More »Andhra Pradesh CM views MGNREGA will be a boon for rural development in the State
The Chief Minister Mr. N. Kiran Kumar Reddy is of the view that the inclusion of Rural Connectivity as one of the permissible categories of works under Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) will be a boon for rural development in the State. Providing connectivity to SC, ST and other remote habitations including providing internal roads in the SC/ST habitations are approved for implementation. The Chief Minister was informed...
More »Satyam and PwC are fined in US for accounting fraud
Satyam Computer Services and its former auditor PricewaterCoopers (PwC) have agreed to pay a combined $17.5m (£10.7m) in fines in the US after one of India's biggest corporate scandals. Satyam, an outsourcing company, will pay $10m for falsely reporting more than $1bn in profits over five years. The company's chairman Ramalinga Raju admitted to the fraud in 2009. Satyam's shares were indirectly traded on the New York Stock Exchange (NYSE) as well as...
More »Can Centre fix NREGS wages in isolation? by M Rajshekhar
Sometime this month, Justice N Ramamohana Rao of the Andhra Pradesh High Court will deliver a verdict that will directly impact earnings of the 114 million people who work under the National Rural Employment Guarantee Scheme (NREGS), the Central government's work guarantee programme. The verdict will also indirectly impact earnings of the 400 million workers and labourers who toil in India's factories and fields for 'minimum wages'. The question Justice Rao...
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