-The Economic Times The country's chief auditor has uncovered a Rs 1,336-crore negative balance in the books of the Empoyees' Provident Fund Organisation (EPFO), the custodian of Rs 8.15 crore formal sector workers' lifetime savings. A report, prepared by the Comptroller and Auditor General (CAG) and reviewed by ET, says this discrepancy in the EPFO's books for 2011-12 could grow further. For beneficiaries, this could mean lower returns on provident fund savings...

-Deccan Herald As primitive tribes continue to be in a state of acute poverty, ‘schedule area’ status for settlements of evicted tribals from Nagarahole National Park will favour their development. The status will also solve the problem of representation of tribals in political institutions, which will help them benefit from the welfare programmes aimed at them, said Muzaffar Assadi, Chairman of the High Court-appointed Committee on Tribal Issues of Rajiv Gandhi...

-IPS News When India was admitted to the world’s nuclear power industry nearly five years ago, many believed that this country had found a way to quickly wean itself away from dependence on coal and other fossil fuels that power its economic growth. After all, India already had a home-grown nuclear power industry that was producing about 4,000 megawatts of power from 19 nuclear reactors, defying a United States-led embargo on nuclear...

-The Economic Times The government may increase the annual target of the banks for lending to the agriculture sector by 22% in the upcoming union budget to 7 lakh crore, in view of the revised classification of priority sector loans issued by the Reserve Bank of India. "Banks will be pushed to achieve their direct lending targets and focus on the new improved Kisan Credit Card scheme," said a finance ministry official,...

-The Economic Times When asked where the coal blocks will come up, the forest officer draws a clover-shaped map. Take the right at the traffic intersection, he says, and you will enter Pathriya Dand coal block. Keep going for 11 km and the road turns to the left, which is where Gidhmudi coal block is. Come back to the main road, cross over to the other side, and you will enter...