-The Hindu Chennai: In a move to usher in more transparency in Mahatma Gandhi National Rural Employment Guarantee Act, the Institute of Chartered Accountants of India (ICAI) will evolve standards to audit the scheme in 2.5 lakh villages, said ICAI president, Subodh Kumar Agarwal on Friday. Briefing reporters, he said ICAI would evolve a standardised procedure as the auditing of the MGNREGA scheme was unstructured one. He also urged the Centre...
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Cobrapost exposes 10 more banks
-The Times of India Investigative website Cobrapost has released further secret tapes to show alleged money laundering by more banks. In the third part of its tapes, Cobrapost claimed that it has recorded officials of Bank of India, Central Bank of India, Bank of Maharashtra, Allahabad Bank and Bank of Baroda, all major public sector banks, as well as IndusInd Bank, ING Vysya Bank, HDFC Bank , ICICI Bank and Axis Bank,...
More »Paid news pandemic undermines democracy -P Sainath
-The Hindu Top civil society bodies are challenging the government's ‘counter-affidavit' in the Paid News case which seeks to gut the Election Commission's powers In a major twist to the Ashok Chavan vs. Madhav Kinhalkar legal battle (more notorious as the "Paid News" scandal), leading civil society organisations and eminent individuals have approached the Supreme Court to implead themselves into the case. Their intervention application, moved by advocate Prashant Bhushan, minces no words...
More »Former WB economist to lead Cornell poverty India initiative
-PTI Pingali has been appointed director of the Tata-Cornell Initiative in Agriculture and Nutrition Washington: Former World Bank economist Prabhu Pingali has been appointed by the Cornell University to lead effort to help reduce poverty and malnutrition in India, a project established through a USD 25 million endowment from the Tata Trusts. Pingali has been appointed director of the Tata-Cornell Initiative in Agriculture and Nutrition (TACO-AN), a long-term project established through a...
More »Fear of nuclear disaster has no basis: court-J Venkatesan
-The Hindu The Supreme Court on Monday said there is no basis to the fear that the radioactive effects of the Kudankulam nuclear power plant, when commissioned, will be far reaching. A Bench of Justices K.S. Radhakrishnan and Dipak Misra said: "We are convinced that the KKNPP design incorporates advanced safety features complying with the current standards of redundancy, reliability, independence and prevention of common cause failures in its safety systems....
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