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Bihar govt to probe in misuse of Rs 5,900-cr NREGA funds

-Rediff.com Bihar Rural Development Minister Nitish Mishra on Monday ordered an inquiry into the allegations that nearly 73 per cent of the funds allotted for implementation of the Mahatma Gandhi National Rural Employment Guarantee Act in 38 districts of Bihar, between 2006 and 2012, have been embezzled by authorities "The department will inquire into the corruption and will conduct physical verification of all facts related to the scheme," Mishra said. The Bihar government...

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Aid pours in for Kejriwal's Aam Aadmi Party on debut -Jayashree Nandi & Prerna Sodhi

-The Times of India After over a year of campaigning, dozens of protests and exposes against ministers, Arvind Kejriwal officially entered the political arena on Monday. Negating the perception that only big parties can draw hefty funds, the newly launched Aam Aadmi Party collected more than 1.10 crore on the day of the launch, with former law minister Shanti Bhushan alone donating Rs 1 crore. Day one also saw supporters pitching in...

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Cash is no cure-all-Lant Pritchett and Shrayana Bhattacharya

-The Indian Express Cash transfers seem to be the latest fad. With elections looming, the Prime Minister’s National Committee on Direct Cash Transfers has been tasked with an ambitious mandate to provide vision and direction to enable direct cash transfers of subsidies under various government schemes and programmes to individuals to enhance efficiency. Certain activists warn against an ill-considered and hasty transition from food to cash. Others believe directly transferring the...

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Direct cash transfer of subsidies through Aadhaar from January 1

-The Hindu Direct cash transfer of subsidies through the Aadhaar card would be rolled out in 51 districts across 15 States from January 1, 2013, Union Finance Minister P. Chidambaram announced on Saturday. The scheme would aim to cover the entire country by the end of 2013, he said. Speaking at the annual Bankers’ Conference (BANCON), Mr. Chidambaram said banks would play an essential role in the direct cash transfer, as every...

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SC dares govt to bar judges from posts

-The Telegraph The Supreme Court today dared the Centre to enact a law to prohibit retired judges or bureaucrats from taking up post-retirement positions in commissions or other government undertakings. A bench of Justices A.K. Patnaik and Swatanter Kumar threw down the gauntlet when additional solicitor-general A.S. Chandiok suggested “there should be no post-retirement employment”. The law officer also asked the court to review its September 12 judgment that only sitting or retired...

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