The Food Corporation of India (FCI) is estimated to have incurred a financial loss of Rs 484.76 crore in 2010-11 due to damage to foodgrains and storage and transit loss, Food and Public Distribution minister K V Thomas said today. FCI, a nodal agency for procurement and distribution of foodgrains, is estimated to have lost Rs 484.76 crore in 2010-11, as against Rs 437.87 crore in the previous year, the minister...
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I'm responsible for CVC choice: Manmohan Singh
Unlike the 2G telecom scam which he blamed on compromises required for running a coalition government, Prime Minister Manmohan Singh has accepted responsibility for the Supreme Court striking down the appointment of P J Thomas as chief vigilance commissioner. "I respect the judgment of the Supreme Court and I accept my responsibility," the PM said in Jammu on Friday, admitting that the buck stopped with him since the CVC decision did...
More »MGNREGA activist who exposed many cases of corruption found dead by Ipsita Pati
“His death is a planned conspiracy by middlemen and contractors” Niyamat Ansari, a member of the NREGA Sahayata Kendra, was found beaten to death in Jharkhand's Latehar district, 110 km from here, on Thursday. He is said to have exposed many cases of corruption by local contractors in work under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). R.K. Malik Inspector-General (operations) said some unidentified persons barged into Mr. Ansari's house...
More »Maoist hand in Drèze aide’s death
Two aides of economist Jean Drèze were targeted by unscrupulous contractors, suspected to have been backed by Maoists, for exposing rampant corruption in the Centre’s flagship rural job scheme in a Latehar village late last night. Niyamat Ansari died after he was beaten up mercilessly by a 12-member gang at Jerua village, 130km from the state capital, but his friend and colleague Bhukan Singh had a narrow escape as he wasn’t...
More »Order to remove Yunus by Ananya Sengupta
Nobel laureate Muhammad Yunus has been removed as the managing director of Grameen Bank, the organisation he founded in Bangladesh in 1983 to help the poor. The central bank has cited a rule that requires retirement at 60 to order the ouster of the 70-year-old “banker to the poor” who has been embroiled in a Norwegian funds scandal. Yunus had also fallen out with the political establishment after, fresh from the Nobel...
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