-The Economic Times While there are ripples in political circles over the estimated black money stashed by Indians in tax havens abroad - as quoted by the Central Bureau of Investigation chief Amar Pratap Singh on Monday - sources say that the agency has arrived at the figure following cross-checking several sources, reports and a rough estimation.  "Most of the illegal money abroad forms part of tax evasion by individuals and companies,"...

There is a rush to cash in on micronutrient deficiency in India through fortification of food Andhra Pradesh Foods, a state government enterprise, is ramping up its fortified food production capacity. It provides ready-to-eat and ready-to-cook foods like upma mix, sweet porridge and khichdi mix, fortified with iron, zinc and other vitamins, to infants and pregnant and lactating women under the Centre’s Integrated Child Development Scheme (ICDS). The effort to double its...

The government's zero transparency enabled Nuclear Safety Regulatory Authority (NSRA) Bill has got thumbs down from a Parliamentary standing committee. The Atomic Energy Department had introduced NSRA Bill for setting up independent nuclear safety watchdog in Parliament last year with specific clauses limiting the applicability of the Right To Information (RTI) Act, the government's first such move. The bill propose to incorporate additional proviso in section 8 --- listing exempted clauses ---...

In a quiet coup of sorts, Maoists have taken control of panchayats in about 30 blocks of Malkangiri and Koraput districts in the ongoing panchayat elections in Orissa. All their nominees have been elected unopposed after the Maoists warned local people against nominating any other candidate. Close to 2,500 members of these panchayats have also been elected unopposed. Sources said at least 32 heads of panchayats (sarpanches) have known Maoist...

-The Hindustan Times The government is pushing for making it mandatory for recipients of funds from abroad to clearly identify themselves. The reason: intelligence agencies caution that some small money transmission agents are funneling funds for terror activities. As recording all recipients’ photographs has been found cumbersome, the authorities, on the RBI’s advice, may demand Aadhar unique ID numbers — after the numbers are made available — even from individuals receiving less than...