-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...
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CAG smells a rat in UPA's Rs 72k-cr farm debt relief scheme
-The Business Standard Report says ineligible farmers given benefits In a fresh blow to the United Progressive Alliance (UPA), the Comptroller and Auditor General of India has rapped the finance ministry over allegedly serious lapses in implementation of the Rs 71,680-crore agricultural debt waiver and debt relief scheme — a major plank on which the coalition had contested the 2009 general elections. A report tabled in Parliament today showed CAG, after auditing 22.32...
More »CAG finds lapses in Rs 52,000 cr farm debt waiver scheme
-PTI The BJP alleged there was a "big scam" worth Rs 10,000 crore in the implementation of the scheme and demanded strict action against those responsible Expressing serious concern over the implementation of the Rs 52,000-crore farm debt waiver scheme, government auditor Comptroller and Auditor General (CAG) on Tuesday said in several cases ineligible farmers were given benefit while deserving ones were left out. The CAG has also found instances of tampering of...
More »Union Budget 2013: Food Bill a promise of the UPA government, says Chidambaram
-NDTV Finance Minister P. Chidambaram has earmarked Rs. 10,000 crore as incremental cost to implement the Food Security Bill, which he described as a promise of the UPA government. A centrepiece of the ruling government's campaign in 2009, the Bill was cleared last month by a parliamentary committee. The Bill says 75 per cent of the rural population and 50 per cent of the poor in urban India - about 800 million people...
More »Dismal economic data adds to government’s woes
-The Times of India There was no let up in bad news for the government on the economic front. Amid the debate over slowing economic growth, data released by the Central Statistics Office (CSO) on Tuesday showed industrial output fell 0.6% in December, posing fresh policy challenges. This is the second successive month of decline for factory growth which has remained anaemic due to a string of factors including high interest rates,...
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