-Reuters Raipur/Patna: The deaths of at least 23 children who were poisoned after eating a free school meal has triggered an outcry over food safety just as the ruling Congress party is set to launch an ambitious plan to feed 800 million poor, with an eye on elections due within a year. Congress leader Sonia Gandhi‘s national subsidised food project includes free school meals and expands existing handouts to make it probably...
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It is only KYC norm violation, says RBI
-The Hindu Mumbai: Reserve Bank of India (RBI) Deputy Governor K.C. Chakrabarty, on Monday, refuted money laundering charges levelled against various banks, and said that all exposures by Cobrapost.com were connected to know-your-customer (KYC) norms. "We are seeing how the banks are following up on the KYC norms. There are certain differences in the manner of reporting of KYC norms in each bank...Need to strengthen KYC guidelines," he said. In March this year,...
More »NABARD scraps controversial scheme for corporate warehousing -Shalini Singh
-The Hindu The National Bank for Agriculture and Rural Development (NABARD), whose funding of corporate warehousing projects on terms far softer than those offered to poor and often suicidal farmers was highlighted by The Hindu last month, has withdrawn its controversial scheme with retrospective effect under pressure from the Reserve Bank of India. The minutes of a meeting of the sub-committee of the NABARD Board held last month confirm that the RBI...
More »New law to ban India's 'untouchable' toilet cleaners
-Agence France-Presse Nekpur: With both hands holding the basket of human excrement on her head, widowed grandmother Kela walks through a stream of sewage, up a mound of waste and then dumps the filth while cursing. "Nobody even pays us a decent wage!" she spits as she rakes mud and rubbish over her newly deposited pile, one of several she drops in the course of her working day cleaning toilets as a...
More »Notify new norms on tiger reserves in a week: SC -Utkarsh Anand
-The Indian Express The Supreme Court on Tuesday allowed the Centre to notify within a week its fresh guidelines on tiger conservation. It indicated that it may modify its July 24 order that stayed all tourism activities in tiger reserves. A Bench comprising Justices A K Patnaik and Swatanter Kumar said it will not let its directives on tiger conservation remain ‘open-ended’. The Bench made it clear that the states, if unhappy...
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