-PTI NEW DELHI: Central Vigilance Commissioner K V Chowdary on Tuesday said the Reserve Bank of India had apparently not conducted an Audit during the period of time when a Rs 13,000-crore scam hit the Punjab National Bank. Chowdary stressed the need to put into place a more robust Auditing system. "They did not do this (an Audit)," the head of the probity watchdog said. The CVC exercises superintendence over the CBI which...
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States allowed to set up crop insurance firms to execute PMFBY
-PTI The Centre has allowed states to set up their own insurance companies for implementing Pradhan Mantri Fasal Bima Yojana (PMFBY), a senior Agriculture Ministry official said today. The move comes after several requests from states as well as observations made by Comptroller and Auditor General (CAG) in its 2017 report that old crop insurances schemes which have now been merged with PMFBY, were poorly implemented during 2011-2016. "We have allowed the states...
More »Govt botched up NREGA: CAG
-OrissaPost.com Bhubaneswar: The state government lost its direction on execution of the biggest rural employment generation scheme–Mahatma Gandhi National Rural Employment Guarantee Act (NREGA). This was indicated in a Comptroller and Auditor General of India (CAG) report on local bodies for the year ended March 2017. Briefing media about the findings of the Audit report, Accountant General of Orissa Madhumita Basu said, “The per annum average income of the households (HHs) in...
More »Central Vigilance Commission wants to keep an eye on private banks -Vikas Dhoot
-The Hindu Asks PMO to frame law for it The Central Vigilance Commission (CVC) has urged the Prime Minister’s Office to bring private sector banks under its watch, citing the fact that they have been involved in many recent instances of malfeasance. Vigilance officers in all State-owned public sector banks are required to report irregularities and possible wrongdoing to the CVC, India’s apex body for checking corruption in the government. Private sector banks...
More »No market access to organic farmers if not certified -Jayashree Nandi
-The Times of India If you are an organic farmer, now you cannot sell your produce through a retailer or other channels unless it is certified to be organic and carries a label with information on the organic status of the produce. The Food Safety and Standards Authority of India (FSSAI) has issued a notification recently laying down the requirements organic foods need to comply with. But farmer groups believe making certification...
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