-The Business Standard Asks banks to take immediate action against officials responsible for lapses A day after a Comptroller and Auditor General of India (CAG) report pointed out irregularities in the Rs 71,680-crore agricultural debt waiver and debt relief scheme of 2008, the Reserve Bank of India today swung into action. It asked lenders to verify all the accounts granted benefits under the scheme. RBI said administrative and accounting lapses on the part...

-The Hindu Giving a distinct advantage to the urban English medium-educated students, the changed pattern of the Civil Services examination was notified by the Union Public Service Commission (UPSC) on Tuesday. Though the motto of the UPSC was to establish a level playing field with increased weightage for the General Studies component, introduction of an additional English language paper and restrictions on choosing languages as optional papers have put many aspirants in...

-The Hindustan Times The Comptroller and Auditor General has pulled up the department of financial services (DFS) for not properly monitoring the implementation of the Rs.52,000-crore debt waiver package. The DFS, under the finance ministry, depended completely on nodal agencies for monitoring the scheme that was announced by finance minister P Chidambaram in the 2008-09 budget, the report said. But, following the issue of the draft audit report, the ministry asked the RBI...

-The Hindu India has registered higher infant and child mortality rates than Sri Lanka and Bangladesh. Further the country’s position on the measure of the percentage of underweight and severely underweight children during the period 2006-10 was more than twice than that in the Sub-Saharan African region. This was revealed in the Comptroller and Auditor General of India’s performance audit of the Integrated Child Development Services (ICDS) Scheme — Union Ministry of...

-The Hindu Evidence of tampering with, overwriting & alteration of records The Comptroller and Auditor General (CAG), in a report tabled in Parliament on Tuesday, pointed out that several ineligible farmers were favoured and a large number of deserving small and marginal farmers left out in implementation of the United Progressive Alliance’s much-touted Rs. 52,000-crore farm loan waiver scheme. The scheme, meant to help indebted farmers in districts where suicides occur, was so...