-IANS Following reports of major irregularities in some districts, all rural schemes of the government will be Audited by the office of the Comptroller and Auditor General (CAG), Rural Development Minister Jairam Ramesh told the Rajya Sabha Tuesday. Ramesh said that to start with the CAG will Audit the implementation of the Mahatma Gandhi National Rural Employment Guarantee Scheme (MNREGS) in 12 states. 'All rural schemes will be the Audited by CAG. We...
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'UP misused 540 cr NREGS funds' by Swati Mathur
Not allowing the dust to settle on the mismanagement of the Centre's flagship employment guarantee scheme in Uttar Pradesh, Sanjay Dixit, member of the Central Employment Guarantee Council, on Sunday, alleged UP has violated the norms of the scheme. In a letter to Union minister for rural development, Jairam Ramesh, Dixit has drawn attention to an MIS report generated by UP, which indicates details of expenditure on works where there...
More »As losses mount, Areva goes in for huge job cuts by Vaiju Naravane
French nuclear giant Areva, which is planning to sell India six masssive1650 MWe EPR nuclear reactors for the Jaitapur site in Maharashtra, is facing serious financial difficulties with net losses in 2011 placed at well over €1 billion. Areva's CEO, Luc Oursel, announced drastic job cutbacks and the sale of over €2 billion worth of assets, essentially in the company's uranium mines sector, to offset these losses. Trading in the company's...
More »CAG Vinod Rai to head UN Audit panel
-The Times of India The Centre has been critical of the Comptroller and Auditor General (CAG) for taking out a series of adverse findings on government policies, but the contribution of the apex Auditor seems to have been recognized by the United Nations which has appointed CAG Vinod Rai as chairman of its panel of external Auditor. Rai as chairman will oversee the Audit of the International Atomic Energy Agency (IAEA), besides...
More »Lopsided growth by Venkitesh Ramakrishnan
U.P.'s GDP grew at 7.28 per cent in the past five years, but the State ranks low in virtually every area of socio-economic development. IF statistics on gross domestic product (GDP) are the only criteria to evaluate the performance of a government, the Mayawati-led Bahujan Samaj Party (BSP) government in Uttar Pradesh will have to be rated as one with highly impressive credentials. For, India's most populous State has recorded a...
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