All real estate transactions will have to be reported to the country's anti- moneylaundering agency once the government amends a key law that seeks to curb black-money transactions. The government plans to amend the Prevention of Money Laundering Act , which will require property registrars to file data of transactions recorded by them with the Financial Intelligence Unit, or FIU, a finance ministry official said. "The scope of the (Prevention...

Low on economic progress, high on progressiveness. That sums up Darntoli, a tribal hamlet in Torpa block of Khunti district which clocked one of the highest sex ratios, 994 females for every 1,000 males in the 2011 Census, the provisional figures of which were released yesterday. According to 2001 Census, the figure was 971 females. The latest figures are much higher than the state average of 947 and the national average of...

The government’s flagship rural employment scheme is struggling to make an impact as the capacity building in the scheme has slowed down to a crawl. The overall fund utilisation in the Mahatma Gandhi National Rural Employment Gurantee Act, or MGNREGA, has plummeted to 60%. Most states were unable to utilise even half of the funds slotted for administrative expenses, stalling administrative reforms that are expected to increase the efficiency of the...

From the Prime Minister down, WikiLeaks has exposed the rotten state of the world's largest democracy for all to see. Food prices become intolerable for the poor. Protests against corruption paralyse Parliament. Then a series of American diplomatic cables released by the WikiLeaks exposes a brazenly mendacious and venal ruling class; the head of government adored by foreign business people and journalists loses his moral authority, turning into a lame duck. This...

Policy aims at creation of system to maximise returns on investments in health research National Health Research Management Forum to have representation from all stakeholders To overcome the weaknesses of the publicly funded health structures that restricted research in priority health areas, the Union Health and Family Planning Ministry has finalised the National Health Research Policy. It would maximise the returns on investments in health research through creation of a health research...