-New Indian Express Bhubaneswar: Chief Minister Naveen Patnaik on Tuesday said nearly three lakh landless tribal families in the State would get land by the end of the 12th Plan period. Chief Minister Naveen Patnaik on Tuesday said nearly three lakh landless tribal families in the State would get land by the end of the 12th Plan period. Launching an ambitious plan that envisages conferring land titles on every tribal household in the...
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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...
More »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...
More »Modi’s Pals-Himanshu Upadhaya
-Hard News While Narendra Modi's apologists will selectively quote from the latest CAG audit report on state finances that revenue earning has registered an upswing, they will compulsively forget that "the fiscal deficit of Rs 11,027 crore in 2011-12 was met out from a net borrowing of Rs 15,083 crore". The CAG has remarked that "an increase of 41 per cent in the market borrowing in 2011-12 over previous year for...
More »Irregularities in implementation of national rural employment scheme: CAG audit report -Swati Mathur
-The Times of India LUCKNOW: The Comptroller and Auditor General of India tabled the second performance audit of the Mahatma Gandhi National Rural Employment Guarantee Act in Parliament on Tuesday. The first performance audit was undertaken in 2007-08. The period of coverage of the first audit was February 2006 to March 2007. The present performance audit of the implementation of MGNREGA was taken up in response to a request from the ministry...
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