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RBI swings into action after CAG picks holes in farm debt relief scheme

-The Business Standard Asks banks to take immediate action against officials responsible for lapses A day after a Comptroller and Auditor General of India (CAG) report pointed out irregularities in the Rs 71,680-crore agricultural debt waiver and debt relief scheme of 2008, the Reserve Bank of India today swung into action. It asked lenders to verify all the accounts granted benefits under the scheme. RBI said administrative and accounting lapses on the part...

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Federation to hold children's adalat to ensure effective RTE implementation-Vinobha KT

-The Times of India MANGALORE: As school admission season is fast approaching, organizations working in the field of education, are gearing up to hold children's adalat to ensure the implementation of Right to Education (RTE) Act efficiently. The Dakshina Kannada District Federation of Education Resource Centres and many other like-minded organizations have decided to hold children's adalat, where parents may find solutions to their problems related to obtaining admissions to primary school...

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Lean, mean scheme -Richard Mahapatra

-Down to Earth Budget to start process of reforming Central rural schemes, 45 years after first demand India’s rural development programmes are in for an overhaul. After the approval of the 12th Plan by the National Development Council (NDC) on December 27, 2012, the government has started restructuring of the behemoth called Centrally sponsored schemes (CSSs). In the Plan (2012-17) the Centre has committed Rs 541,276 crore for CSSs covering rural development,...

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Debt crushes bonded labourers in Kota’s quarries-Anumeha Yadav

-The Hindu Kota, Rajasthan: The sun is about to set over grey-brown slabs in sandstone quarries in Kota district, Rajasthan. Babulal Khairwa sits at the edge of a quarry and attentively hits a taanki, a chisel shaped like a gigantic nail, placed on the stone with a hammer. Babulal hits the stone with the hammer till it cracks in a straight line. Each 2 by 10 square feet foot slab, or...

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Selecting the next CAG-Ramaswamy R. Iyer

-The Hindu Instead of the present opaque system, a high-level, broad-based Committee should be formed to choose the country’s “most important” constitutional functionary In May this year, the present Comptroller and Auditor-General will retire on completing 65 years of age. Given the Government of India’s exasperation with him, it seems very probable that for the next CAG, it will look for someone who is likely to be bland and ignorable, and quite...

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