August 9, 2010, Lalgarh Ramkrishna Higher Secondary School: As many as 10,000 people stand in rapt attention. Another 40,000 people are stuck on the roads leading to the venue. The speaker: Mamata Banerjee, railway minister. April 24, 2012, Lalgarh Ramkrishna Higher Secondary School: Between 2,500 and 3,000 people listen to a speech on peace and development. Some start wandering around before the 30-minute speech is wrapped up. The speaker: Mamata Banerjee, chief minister. April...
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CAG rues huge central funds to local bodies-Devesh Kumar
A Comptroller and Auditor-General of India report has expressed dismay over the rising share of funds disbursed by various ministries to local bodies and NGOs in 2010-11. The CAG report on the accounts of the Union government was tabled in Parliament on Tuesday. "An analysis of plan expenditure revealed that 77% of the total plan expenditure was in the form of grants-in-aid payment,'' the report stated. "In five of the ten...
More »Asia's increasing rich-poor divide undermining growth, stability - ADB report
-Daily News Asia's rapid growth is leaving millions behind, causing a widening gap between rich and poor that threatens to undermine the region's stability, according to a new report from the Asian Development Bank (ADB). "Another 240 million people could have been lifted out of poverty over the past 20 years if inequality had remained stable instead of increasing as it has since the 1990s," said ADB's Chief Economist Changyong Rhee. The Asian...
More »A fall to cheer
-The Economist For the first time ever, the number of poor people is declining everywhere THE past four years have seen the worst economic crisis since the 1930s and the biggest food-price increases since the 1970s. That must surely have swollen the ranks of the poor. Wrong. The best estimates for global poverty come from the World Bank’s Development Research Group, which has just updated from 2005 its figures for those living in...
More »Saranda bleeds in illegal ore hunt-ASRP Mukesh
-The Telegraph Reclaimed from Maoists, the natural reserves of Saranda are up against unscrupulous adversaries. At least four mining firms have been extracting iron ore and manganese against their sanctioned capacities in this West Singhbhum region since 2008 right under the nose of the mines department and Jharkhand State Pollution Control Board (JSPCB). The startling fact came to light this January after the two laggard state offices replied to separate RTI petitions filed...
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