-The Times of India NEW DELHI: Blaming weaknesses in the regulatory system as being the reason behind the rising cases of financial sector fraud, comptroller and auditor general (CAG) Shashi Kant Sharma on Friday drew attention to huge non-performing assets (NPAs) of public sector banks, a significant part of which could have been fraudulently obtained as advances by debtors and transferred abroad, from where they may never be recovered. The CAG also...
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Danger of drought looms over Chhattisgarh, June records 59% deficit rain -Rashmi Drolia
-The Times of India Raipur: Chhattisgarh faces danger of drought, as the state received 59% deficit rain in June. Moreover, monsoon appears to be feeble in the coming months because low pressure over Bay of Bengal is moving only towards Bastar. These are the findings of a weather analysis report prepared by IIT-Bhubaneswar and NASA, said professor ASRAS Sastri, prominent researcher of agro-meteorology in Chhattisgarh. The report also warned that not only...
More »Maharashtra farmers can now directly tap wholesalers -Jayashree Bhosale
-The Economic Times PUNE: The Maharashtra Cabinet has given in-principle approval to farmers to sell fruits and vegetables directly to wholesalers, bypassing the APMC mandis. However, it has held back the decision by a few days, handing it over to a cabinet sub-committee. "A cabinet sub-committee will take a decision on the matter in four days. We want to examine different angles such as the risk involved in farmers getting payment when...
More »Panchayati Raj Ministry: A downgrade for democracy -Mani Shankar Aiyar
-The Hindu Confining it to just the Ministry of Rural Development would be the most retrograde step in democratic decentralisation in over a quarter century. If, as The Hindu’s exclusive on Wednesday indicates, Prime Minister Narendra Modi were to close down the Ministry of Panchayati Raj, it would confirm one’s worst fears about his government’s hypocritical approach to grass-roots democracy for grass-roots development. This was a lacuna that was evident in the ‘Gujarat...
More »Appointment letters to be made mandatory soon -Somesh Jha
-The Hindu Centre may fix a format which would include details such as designation. The Centre will soon make it mandatory for companies with more than ten workers to give appointment letters to employees at the time of joining — a move that would benefit millions of workers in the informal sector. An absence of legislation on the issue makes it difficult for workers, including those who are employed informally or via contractors...
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