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RBI probes Cobrapost report, reveals violations by banks: sources

-CNN-IBN New Delhi: The Reserve Bank of India is probing the Cobrapost sting operation on alleged money laundering by top banks. The RBI report has revealed major irregularities in top banks. The report shows string of violations on several counts. Sources say the RBI report reveals dummy PANs, unknown NRO IDs, unauthorised gold sale, rampant non-compliance of KYC norms and irregular staff trips. Sources say the RBI probe into ICICI Bank reveals cash...

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Kolam farmers fall back on their ancient wisdom-S Harpal Singh

-The Hindu ADILABAD: Many in the field are viewing it as a retro step but, the aboriginal Kolam farmers of Birsaipet-Kolamguda in Utnoor mandal in Adilabad opted to fall back on their ancient wisdom with regard to irrigating crops. Instead of going in for the individualistic bore well as a source of irrigation, the 35 Kolam families in this village decided to dig five open wells to collectively irrigate the 250...

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Chinese medicine is cheaper-Ananth Krishnan

-The Hindu There are now as many as 9,000 Indian medical students in China As the costs of a medical education in India continue to rise, an increasing number of students are heading to foreign shores, with China, in particular, emerging as a favoured destination. A six year-education at an approved Chinese medical university, consultants say, can cost Rs. 25 lakh, including one-year internship and annual travel to India, although costs vary at...

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From Rags to Penury-Ranjit Devraj

-IPS News India's planners worry about ‘jobless growth', but perhaps nothing illustrates this phenomenon better than a policy of handing over the collection and disposal of the capital's refuse to large private corporations, leaving close to 50,000 ragpickers unemployed. For decades ragpickers provided a service to this city, scavenging waste for recyclable plastic, aluminium, glass and other materials, and earning a livelihood by selling their pickings to contractors with equipment to process...

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An ecosystem to save, or squander-Madhav Gadgil and Ligia Noronha

-The Hindu Instead of opening a debate on the Gadgil panel's report on the Western Ghats, the government has chosen to sideline and replace it with another by an alternate group This is a challenging time in India's development history where a number of tenets of environmental governance are being questioned by the imperative of growth. Environmental governance in India is under assault, and is thus in need of both fresh thinking,...

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