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RBI tracks money TRAIl

The Reserve Bank of India (RBI) has started investigating the Rs 300-crore fraud by Citibank manager Shivraj Puri after receiving a report from the bank. Officials at Citibank said the RBI had been regularly updated on its internal investigations since the fraud came to light. “We have shared all the details with the RBI. The RBI will now investigate the matter further,” the Citibank official said. An RBI spokesperson confirmed that the probe...

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Are we moving from merely being subjects to absolute citizens? by M Rajshekhar

Mai-baap. That is how poor Indians referred to the state ever since independence. The benign provider looking after its subjects like the rajas of yore. But, today, the people have started demanding accountability from the mai-baap. Why? Because a clutch of new laws, like the Right To Information Act (RTI) and the National Rural Employment Guarantee Act (NREGA), are moving the government's developmental promises beyond "the realm of a privilege that...

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JPC route won't help swift prosecution: Shourie by N Rahul

The former Union Minister, Arun Shourie, has opposed any probe by a Joint Parliamentary Committee (JPC) into the 2G spectrum scam, stating that it would become an excuse for the government to slow down the prosecution process. Mr. Shourie said at a meeting organised by an NGO, Manthan, here on Thursday that a swift and speedy prosecution was required in the case, but the JPC would take two years to complete...

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‘Laadli girl child scheme showing good results'

A number of welfare schemes for women launched, says Minister The Laadli girl child welfare scheme has proved to be a big success with 140,006 girls being registered under it in 2009-10 and as many as 17,085 girls receiving the final maturity payment through their bank accounts, Delhi Social Welfare Minister Kiran Walia said here on Tuesday. Speaking about the performance of various social welfare schemes during the year, Prof. Walia said...

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NRHM: addressing the challenges by KS Jacob

NRHM needs to revitalise systems, monitor their functional performance and investigate their impact on the indices of health. The National Rural Health Mission (NRHM) was launched in 2005 to bring about a dramatic improvement in the health system and health status of people in rural India. It seeks to provide universal access to health care, which is affordable, equitable, and of good quality. It aims at making architectural corrections to basic...

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