THE government has directed public sector banks to provide data on corruption charges against bank officials involved in the agricultural loan waiver scheme after complaints that many of them took bribes for processing applications. The finance ministry wants to put such cases on fast track as the performance audit of the scheme has already been initiated by the comptroller and auditor general of India (CAG), the government’s statutory auditor. The...
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World Bank okays $220 mn for Kosi flood rebuilding
The World Bank has approved a $220 million credit to support rebuilding efforts in areas affected by the devastating Kosi floods in Bihar. The Bihar Kosi Flood Recovery Project will finance flood recovery efforts through the reconstruction of about 100,000 houses, 90 bridges and 290 kilometres of rural roads, the World Bank said in a statement. It also aims to reduce future oriented risks by strengthening flood management capacity, restoring livelihoods...
More »Displacement
KEY TRENDS • Section 105 of the Right to Fair Compensation and Transparency in the Land Acquisition, Rehabilitation and Resettlement Act, 2013, which provides for excluding 13 Central legislation, including Land Acquisition (Mines) Act 1885, Atomic Energy Act, 1962, Railway Act 1989, National Highways Act 1956 and Metro Railways (Construction of Works) Act, 1978, from its purview, has been amended for payment of compensation with rigours $ • The amendments have now...
More »Flood fears in Delhi as Yamuna river overflows
Thousands of people have been evacuated from low-lying areas near the Yamuna river in the Indian capital, Delhi. The city is battling renewed flood fears as water levels in the Yamuna have crossed the danger mark. Incessant rainfall and release of water from the Hathnikund barrage upstream in Haryana state have raised the level of the river, officials say. In late August too, the river touched the danger mark after days of heavy...
More »Categorise students for admission, says Sibal
New Delhi : Unaided schools in the Capital can now heave a sigh of Relief. The confusion following the implementation of the Right of Children to Free and Compulsory Education (RTE) Act in Delhi regarding screening at the time of admission has finally been cleared out. While the RTE Act does not allow screening of students at the time of admission, Union Human Resource Development Minister Kapil Sibal said that in...
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