-The Times of India NEW DELHI: Comptroller and Auditor General Shashi Kant Sharma on Tuesday emphasized on the need for mandatory social Audit of social sector schemes as they lacked transparency and accountability. Speaking at a conference on social Audit here, the CAG said expenditure of central and state governments that directly impacts socio-economic development was estimated to be Rs 17 lakh crore in 2013-2014. "This implies that an average of Rs 2,656...

-The Hindu The Bill to amend the 2013 land acquisition Act is neither pro-farmer nor pro-poor Next week the economic agenda of the Narendra Modi government will face its biggest test in Parliament. The controversial Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement (Amendment) Bill, 2015 (LARR) that has been introduced in Lok Sabha is due for consideration of the house on March 9. While the government seems...

-Hindustan Times With a number of non-governmental organisations (NGOs) coming under income tax scanner for not filing returns, the Institute of Chartered Accountants of India (ICAI) has told the government to bring them under a single and independent regulatory body. The apex body, in a recent note to the government, has said that the setting up of the central regulatory body would make it easier for it to keep a watch on...

-Livemint.com The government needs to institute reforms in land leasing laws and the rural job guarantee scheme, says the study from Ficci and KPMG New Delhi: The cost of farm labour has increased, says a study, and unless farmers adopt mechanization and new seeds, and the government institutes reforms in land leasing laws and its popular rural job guarantee scheme, productivity could fall, with a consequent increase in food prices. The study...

-The Indian Express Lucknow: Having spent over Rs 1,100 crore from the state exchequer in the last two years to pay compensation to the kin of farmers who have committed suicide, the state government has now decided to rope in private insurance companies to streamline the scheme and share the burden. Till now, the state revenue department was paying Rs 5 lakh to the kin of each farmer who died of unnatural...