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V Kishore Chandra Deo, Panchayati Raj Minister talks to Liz Mathew, Elizabeth Roche and Anuja

-Live Mint   Panchayati raj minister V. Kishore Chandra Deo on how the system can function more effectively With the amendments that effected mandatory constitutional powers to panchayats and urban local bodies marking 20 years, V. Kishore Chandra Deo, Union minister for panchayati raj, acknowledged in an interview that the units of local self-governance could function more effectively. He also suggested that the three-tier system of panchayats could be improved to meet challenges...

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Land lease is an idea whose time has come-NC Saxena

-The Business Standard It will make the coercive powers of the land acquisition law irrelevant, though including it in the central Bill would be unconstitutional The proposal to amend the central Land Acquisition Bill to provide for leasing of land rather than acquiring it is just not constitutionally feasible. Land is a state subject and the Centre cannot legislate on leasing at all. But as an idea it is great and should...

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Banks seek Aadhaar number for payment of LPG subsidy

-PTI Following direction from finance minister P Chidambaram, banks have initiated the process of linking account with Aadhaar number for cash transfer of LPG and other subsidies. Banks have started informing customers through different mode of communication including SMS about linking of Aadhaar number with the account number to facilitate subsidy transfer. "For getting LPG, MGNREGA and other subsidies direct to your account, please get your account linked with Aadhaar number," Canara Bank...

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CAG brings out drop in MGNREGS employment-Girija Shivakumar

-The Hindu   Fault lies with States, unfair to blame Centre: CAG source The Comptroller and Auditor-General has found serious lapses in implementation of the UPA's flagship programme, the Mahatma Gandhi National Rural Employment Guarantee Scheme. In its second performance audit submitted to Parliament on Tuesday, the CAG said employment under the MGNREGS declined, funds were being diverted for other use and possible irregularities related to wage payments occurred. The audit covers implementation of the...

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The fall of Saradha group revives old ghosts of ponzi schemes going bust -Atmadip Ray

-The Economic Times For many, it is a sense of deja vu. Fifteen years ago, the government and India's financial regulators came under fire after hundreds of crores were cleaned up by a few individuals and entities from gullible investors, who were promised fabulous returns from plantation schemes. In the uproar that followed, the government and the regulators sought to palm off the responsibility of regulation of such schemes on each...

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