-PTI/ NDTV.com An affidavit filed by an Under Secretary in the PMO who is discharging his functions in the PM CARES Trust on honorary basis said the trust functions with transparency and its funds are audited by an auditor - a chartered accountant drawn from the panel prepared by Comptroller and Auditor General. New Delhi: The PM CARES Fund is not a Government of India fund and the amount collected by it...
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Accounting regulator raps ‘EY arm’s’ audit of IL&FS firm
-The Hindu 'Understatement of losses runs up to more than ₹2,000 crore’ The National Financial Reporting Authority (NFRA) has rapped ‘EY group firm’ SRBC & Co. LLP for failing to detect several problems in the IL&FS group’s transport venture while undertaking its statutory audit in 2017-18. The auditor’s lapses had led to losses being understated by more than ₹2,000 crore, incorrect treatment of letters of comfort of ₹2,654 crore and improper valuation of...
More »Fertility rates of Hindus and Muslims converging: study
-The Hindu India’s religious mix has been stable since 1951, says Pew Center study The religious composition of India’s population since Partition has remained largely stable, with both Hindus and Muslims, the two largest religious groups, showing not only a marked decline but also a convergence in fertility rates, according to a new study published by the Pew Research Center, a non-profit based in Washington DC. The study, based on data sourced from...
More »How important is MSP-based procurement -CP Chandrasekhar and Jayati Ghosh
-NetworkIdeas.org Though not featuring in any of the three farm laws, the Minimum Support Price (MSP) at which the government promises to procure 25 different commodities through different agencies, is a central issue in the standoff between the government and protesting farmers. The latter fear that the implementation of the three laws will end the MSP regime, with the government withdrawing from procuring output at a remunerative cost-plus price. The response...
More »UN Food Systems Summit marginalizes human rights and disappoints, say experts
-United Nations Human Rights Office of The High Commissioner GENEVA 22 SEPTEMBER 2021: On the eve of the Food Systems Summit, UN human rights experts are deeply concerned that the event will not be a “people’s summit” as promised. They are worried that the Summit will instead leave behind the most marginalized and vulnerable people. According to the three human rights experts, who were involved in the Summit preparation, “The Summit claims...
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