-The Hindu Highlighting the importance of proper audit of the non-government organisations (NGOs), particularly those getting grants from the government, a report based on information received under RTI reveals that the Union and State governments give yearly grants worth Rs.1,000 crore to various NGOs. “At a time when the grants to the NGOs given by the Centre have been increasing — from Rs. 561 crore in 2002-2003 to Rs. 835 crore in...

-The Hindu When a senior Delhi Police officer was recently asked to disclose the reasons for so many rape victims turning hostile, he silently pointed towards a bundle of papers lying on the side table delivered to him through dak. These were court documents pertaining to rape cases that had been recently disposed of and in almost all of them the judge had remarked that the prosecutrix had turned hostile and the...

-The Telegraph A rights organisation today accused the Centre and state governments of giving huge, unaccounted grants to NGOs including blacklisted ones, often against a bribe. The Asian Centre for Human Rights said it was basing its claims on replies to a series of RTI applications it had filed in 2010. Releasing the report, “India’s Funds to NGOs Squandered”, the rights body’s director, Suhas Chakma, made these claims at a news conference...

-Live Mint The International Monetary fund (IMF) has warned India against licensing corporate entities to step into the business of commercial banking, saying the risks associated with such a move potentially outweigh the benefits of creating more banks. IMF’s Financial System Stability Assessment Update said it would be prudent for India to first put in place and gain sufficient experience in implementing a comprehensive framework for the purpose before considering the entry...

-The Hindustan Times Publicly funded NGOs, some of them working in key sectors, such as health and rural development, have squandered hundreds of crores of rupees, a report released by a voluntary organisation said. In its  report ‘India’s Funds to NGOs Squandered’, Asian Centre for Human Rights (ACHR) said government funding of voluntary organisations was in dire need of reform as the audit by the CAG of India was infrequent, inadequate and...