-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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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 »Black money could account for 10% of GDP: Study -Pradeep Thakur
-The Times of India A study commissioned by the government last year on quantifying black money generated in the country has estimated that the illicit wealth is likely to exceed 10% of GDP or anywhere above Rs 10 lakh crore, given the size of the economy. The 1,000-page report was submitted to the finance ministry by the National Institute of Public Finance and Policy (NIPFP) in the last week of December. The...
More »'Many Delhi Buses, Autos Registered Under Fake Addresses'
-Outlook A parliamentary panel, probing road safety issues in the aftermath of the Delhi gangrape case, has expressed serious concern over cases of a large number of buses and autorickshaws in Delhi being registered under fake addresses. The Parliamentary Standing Committee on Transport, headed by CPI(M) leader Sitaram Yechury, felt that criminals got away easily taking advantage of the duality and multiplicity of the policing and security system in the national capital. It...
More »Miscarriage of justice -Ashok Kumar
-The Hindu When a senior Delhi Police officer was recently asked to disclose the reasons for so many rape victims turning hostile, he silently pointed towards a bundle of papers lying on the side table delivered to him through dak. These were court documents pertaining to rape cases that had been recently disposed of and in almost all of them the judge had remarked that the prosecutrix had turned hostile and the...
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