-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...
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Karnataka polls: Do richer candidates do better?- Karthik Shashidhar
-Live Mint Data from the 2008 Karnataka polls and the 2009 Lok Sabha elections reveal a small positive correlation Ever since the Association for Democratic Reforms (ADR) published its report on assets of candidates for the forthcoming assembly elections in Karnataka, there has been significant outrage in the mainstream media about the significant increase in declared assets of candidates who had also contested in 2008. Given this background, we thought it might...
More »Freedom that must have limits-Vaishna Roy
-The Hindu "Freedom without limits is just a word" -Terry Pratchett Kamlesh Vaswani's PIL seeking to ban the viewing of pornography and make it a non-bailable offence has raised eyebrows. Columnists and social media commentators have greeted the idea with shock, raising issues such as social liberty, sexual freedom, and the fact that the mere banning of pornography might not bring down the incidence of rape. On the surface of it, this sounds...
More »Modi’s Pals-Himanshu Upadhaya
-Hard News While Narendra Modi's apologists will selectively quote from the latest CAG audit report on state finances that revenue earning has registered an upswing, they will compulsively forget that "the fiscal deficit of Rs 11,027 crore in 2011-12 was met out from a net borrowing of Rs 15,083 crore". The CAG has remarked that "an increase of 41 per cent in the market borrowing in 2011-12 over previous year for...
More »In Karnataka race of millionaires, real estate ahead of mining -Johnson TA
-The Indian Express Bangalore: When affidavits were filed by the contestants for the 2008 assembly polls declaring their wealth, it was a close race between the two dominant money-spinning sectors in Karnataka - real estate and iron ore mining. Affidavits filed by 5,376 candidates in the fray for the May 5 assembly polls show that the real estate sector that flourishes in and around Bangalore and, to a lesser extent, around cities...
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