-The Hindu Highlighting the importance of proper audit of the non-government organisations (NGOs), particularly those getting grants from the government, a report based on information received under RTI reveals that the Union and State governments give yearly grants worth Rs.1,000 crore to various NGOs. “At a time when the grants to the NGOs given by the Centre have been increasing — from Rs. 561 crore in 2002-2003 to Rs. 835 crore in...
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Prof. Jagdish Bhagwati, noted Economist and and Columbia University professor interviewed by Shaili Chopra
-Tehelka Edited Excerpts From An Interview NOTED ECONOMIST and Columbia University Professor Jagdish Bhagwati’s pro-free trade stance is well-known. A friend of the prime minister and his batch mate from Cambridge University, Professor Bhagwati feels the UPA’s departure from the stagnation of the past few years is a welcome change, and lauds the decision to allow FDI in multi-brand retail. In an interview to TEHELKA Business Editor Shaili Chopra, Bhagwati says more...
More »Government pushes banks to go rural, but will it pay?-Swati Pandey and Rajendra Jadhav
-Reuters RANCHHODPURA, India (Reuters) - Working out of a tiny rented room furnished with a wooden table, small biometric authentication machine and shelf stacked with passbooks, Ganesh Dangi is a one-man bank for a village of 650 people in northwestern Rajasthan. A business correspondent, or local representative, for State Bank of Bikaner and Jaipur (SBBJ) in Ranchhodpura village, 40 km (25 miles) east of Udaipur, Dangi is racing to sign up villagers...
More »3.5 crore MGNREGA post office accounts can now be used for cash transfers -Priscilla Jebaraj
-The Hindu With a single stroke, the government has made over 3.5 crore existing post office accounts ready for its new Aadhaar-linked cash transfer scheme. The accounts, which belong to MGNREGA workers over the country, were originally to be used only for receiving wages under the rural employment guarantee scheme. However, the government has now woken up to the potential of using the ready-made network of accounts to directly transfer benefits such...
More »Rapists on prowl in loo-less rural Bihar -Madan Kumar
-The Times of India PATNA: At least 400 women and adolescent girls in Bihar would have escaped rape in 2012 had the state government provided toilets to all the households in the state under the Centre-sponsored Total Sanitation Scheme (TSC), now christened Nirmal Bharat Abhiyan (NBA). That's official - sort of. According to police records, rape cases averaged 980-odd every year in Bihar between 2006 and 2011. In the year just gone...
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