-The Economic Times KOLKATA: In the wake of the just-enacted National Food Security Act, the Union Minister for Food and Public Distribution, Prof KV Thomas recently reviewed the operations of Food Corporation of India (FCI), especially from the point of view of its preparedness for implementing the law. Expressing satisfaction after the review, Prof. Thomas said the FCI had been undertaking various steps in the last one year towards increasing the storage...
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ICAI plans to audit rural job scheme
-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...
More »'RTI Act cannot be applied to co-operative societies' -Linah Baliga
-The Times of India MUMBAI: "After the Constitutional Amendment and the status granted to the co-operative societies of self-governance, the RTI Act would be applicable to the Co-operative Society. More particularly after it being self-governed by Maharashtra State Ordinance of 2013 laying down the by-laws, rule, regulations, procedure and modalities," says the legal opinion of Senior Advocate Firoze Andhyarujina, which was released on Friday by Bombay Chartered Accountants' Society (BCAS), at...
More »Varna Of Money-Uttam Sengupta
-Outlook Caste has nothing to do with graft. Even so, Nandy must be heard. Forging a link, however tenuous, between caste and corruption is akin to saying that the average Indian male has sex on his mind, caste and communalism in his heart and indigestion in his tummy. That was an irreverent response to the sweeping statement made by the “ageing enfant terrible” of Indian sociology, Ashis Nandy, during a discussion...
More »NABARD scraps controversial scheme for corporate warehousing -Shalini Singh
-The Hindu The National Bank for Agriculture and Rural Development (NABARD), whose funding of corporate warehousing projects on terms far softer than those offered to poor and often suicidal farmers was highlighted by The Hindu last month, has withdrawn its controversial scheme with retrospective effect under pressure from the Reserve Bank of India. The minutes of a meeting of the sub-committee of the NABARD Board held last month confirm that the RBI...
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