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CAG to audit rural development schemes, says Ramesh

-The Business Standard   Worried over allegations of corruption in many government programmes, Union Rural Development Minister Jairam Ramesh has requested the Comptroller and Auditor General (CAG) to audit all the schemes under his ministry. Ramesh met Orissa Chief Minister Naveen Patnaik in the state secretariat today, the last day of his three-day visit to the state. “To maintain transparency, I have requested the CAG to engage special Auditor Generals in each state to...

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Can Posco Cross the India Barrier? by Prince Mathews Thomas

The $12 billion Posco investment in India was supposed to be the biggest FDI project in the country. After six years that still remains on paper Horangineun jugeumyeon gajugeul namgigo, Sarameun jugeumyun ireumeul namginda (When tigers die, they leave behind leather. When people die, they leave their names behind) —Old Korean Proverb The news flash from Press Trust of India came on July 10, 2011. Posco, the $32 billion South Korean steel giant had decided to...

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MGNREGA works have led to increased agricultural productivity

-Press Information Bureau   A Study conducted by the Central government reveals that works given under Mahatma Gandhi National Rural Employment Guarantee Scheme, MGNREGS have led to increase in crop yields, besides substantial enhancement of market wage rates of agricultural and non-agricultural labourers. The positive impact of the scheme was also noticed in the considerable increase in the forest area and the decline in incidents of out-migration. The information was given by...

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Company of farmers

-The Business Standard   Among the many initiatives and innovations being considered to improve returns to farming, the creation of producers’ companies deserves closer policy attention than has been the case so far. A farmers’ company, registered as a corporate entity with the registrar of companies, under the Companies Act, can help farm producers come together and derive economies of scope and scale. A group of farmers in Andhra Pradesh has reportedly...

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RTI: AP yet to do the right thing by P Vasudeva Rao

The Right to Information Act was the great white hope of Indian citizens who are consistently denied rightful information. Not only does it specify that most information in the public domain would be provided to citizens by right, but it also ensured that failure to do so by the bloated bureaucracy would result in penalties for erring officials. Trust the government, though, to subvert its own good intentions. The state government has...

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