-The Times of India Income tax officials on Friday carried out searches at various premises of Delhi-based businessman and defence dealer Suresh Nanda, including at the Claridges hotel owned by him. Nanda had temporarily shifted his residence to Claridges but on the day of the raid he slipped out in a similar fashion like in 2007 when a raiding party failed to lay their hands on him. Sources said he has left...

Central allocation for the Mahatama Gandhi National Rural Employment Guarantee Scheme (MNREGS) has been falling in recent years, with this year recording the steepest decline. Money released for the scheme fell from Rs 35,242 crore last year to Rs 21,441 crore this year, while expenditure has gone down from Rs 39,000 crore last year to Rs 20,000 crore as of January-end. The average workdays under the scheme, which provides a legal entitlement...

India moved a step closer to implementing cash transfers of direct subsidies and social welfare payments after a high-level panel presented the blueprint for effecting it through an Aadhaar-based payment gateway. Accepting the report, which details how all payments and cash transfers can be made electronically, finance minister Pranab Mukherjee indicated that it will be the key to plug leakages and ensure more targeted spending under the government’s social welfare programmes. The...

Faulty procurement, rising farm inputs force West Bengal farmers to commit suicide LONG known as farmer friendly, West Bengal is now making headlines for farmers’ suicides. Reportedly 31 farmers, including landless farm labourers and small traders of agriculture produce, in the state took their lives between October last year and January. Twenty-one of the 31 deaths are from the state’s rice bowl Burdwan district. And this is probably a reason the spate...

Prime Minister Manmohan Singh has blamed US-based NGOs for whipping up a campaign against the Russian-aided Kudunkulam atomic power station in Tamil Nadu, causing a major setback to the project. Singh, in an interview to the American journal 'Science' being published on Friday said, "The atomic energy programme has got into difficulties because these NGOs mostly, I think, based in the US, don't appreciate the need for our country to increase...