-PTI NEW DELHI: The alleged chit fund scam in West Bengal involving the Saradha Group revolves around a total sum of Rs 2,460 crore with 80 per cent of the depositors' monies still remaining unpaid, a latest investigation report has revealed. The report also states that the arrested Saradha chairman Sudipta Sen was in "total control" of all deposits made by his group companies, which are under the scanner for having perpetrated...
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Maize thrown to cattle as feed -M Balaganessin
-The Hindu Crop in 10,000 ha damaged due to poor rainfall and lack of irrigational facility PERAMBALUR: Maize cultivated in about 10,000 hectares in the district, especially in Veppanthatti taluk, has withered away due to failure of monsoon and absence of irrigational facility. As the 120-day duration crop, raised during the Adi Pattam, has suffered damage even before reaching the flowering stage, farmers are forced to use it as feed for livestock. Pinning...
More »8 years on, RTI Act counts its milestones -Shyamlal Yadav
-The Indian Express Eight years may seem like a short stretch to appraise a landmark law such as the Right To Information Act, especially in a large and diverse country such as India. But the transparency law enacted on October 12, 2005, has managed to leave its imprint in this short period, becoming a new weapon in the hands of people. Not only has the RTI act been used to know more about...
More »Rs 3,000cr lost as tax rebates to NGOs, trusts: CAG
-The Times of India NEW DELHI: The government has given away more than Rs 3,000 crore by way of tax exemptions to some non-deserving big charitable organizations and trusts. The revelations were made in a Comptroller and Auditor General (CAG) report which was submitted to the government for tabling in the monsoon session of Parliament but it was deferred by the government. Sources said the auditor has covered almost all big trusts and...
More »PFRDA Bill gets President assent
-PTI President Pranab Mukherjee on Friday gave his assent to the Pension Bill, which provides for investment of funds in equity market and opens the sector to up to 26 per cent FDI. The long-pending Pension Fund Regulatory and Development Authority (PFRDA) Bill was passed by Parliament on September 6. "The PFRDA Bill, 2013 has received the assent of the President of India," an official statement said. The legislation provides subscribers a wide choice...
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