-PTI In a step towards greater transparency, the government has started a unique facility of submitting RTI applications and fees online. The portal--www.rtionline.gov.in-- has been created with an aim to help people exercise their right to seek information through online medium, said officials in Department of Personnel and Training (DoPT), which acts as nodal department for the implementation of transparency law in the country. An information seeker can submit a fee of Rs...
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Developing countries experiencing unprecedented growth, says UN report
-The United Nations The rapid growth of developing countries is propelling millions out of poverty on an unprecedented scale and radically reshaping the global system, according to a flagship United Nations report launched today. “The rise of the South is unprecedented in its speed and scale,” says the Human Development Report 2013, which uses the term “South” to mean developing countries and “North” to mean developed nations. “Never in history have the...
More »HDFC Bank, ICICI Bank, Axis Bank involved in money laundering: Report
-Cobra Post A sting operation conducted by online magazine Cobrapost across various branches of private financial institutions has revealed how bank employees are accepting black money from customers to convert them into white money. Cobrapost claims that the nationwide operation shows how private banking and insurance affiliates launder money as part of standard procedures. The sting also shows that money laundering services are openly being offered even to walk in customers who...
More »Money-laundering by big banks, alleges Cobrapost; banks deny charges -Prasad Sanyal
-NDTV Cobrapost, an online magazine, claims to have caught on camera what is describes as a massive expose, which allegedly proves that some of the largest private sector banks in the country help in money-laundering. The banks involved have denied the accusations. NDTV cannot verify the authenticity of the video footage, filmed largely on hidden camera, and shared by Cobrapost executives at a press conference in Delhi. A press release by ...
More »Aadhaar must be basis for direct benefit transfers: Ashok Khemka
-The Economic Times The Direct Benefits Transfer (DBT) scheme commenced with the initial rollout in 20 districts covering seven scholarship schemes. Another 23 districts will be covered by March this year. The intention is to link all government benefits to Aadhaar-based identification of beneficiaries and to channelise the cash benefits through Aadhaar-enabled bank accounts. Irrespective of the merits of translating some benefits delivered in kind like in PDS into their cash-equivalent, for...
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