Subscribe to the Bombay Chartered Accountant Journal Subscribe Now!

February 2011

Nitish’s move to scrap LAD fund may find more takers

By Raman Jokhakar
Tarunkumar G. Singhal
Chartered Accountants
Reading Time 1 mins
fiogf49gjkf0d

New Page 3

44 Nitish’s move to scrap
LAD fund may find more takers


As expected, the Cabinet
formally approved the proposal to abolish the Local Area Development (LAD) fund
meant for the legislators, a decision which other states may emulate. “Some
alternative arrangement will we worked out which will enable the legislators to
have a say in the approval of the schemes,” the Principal Secretary, Cabinet
Coordination department Afzal Amanullah said.

All along the Nitish
government in its previous tenure harped on the credo of good governance and in
keeping with what it promised earlier, the Cabinet formally approved a detailed
agenda for good governance. “The core issues of good governance and what the
government proposed to do in this connection have now been spelt out in the
17-page document which was placed before the Cabinet meeting,” the principal
secretary said, adding there will be zero tolerance on corruption “Already armed
with stringent laws, the government will now bring a legislation — Right to
Service Bill — to weed out corruption in the delivery of the public utility
service,” he said.

(Source : Economic Times, dated 15-12-2010)

Download PDF

You May Also Like

E&Y sued for hiding Lehman fraud for 7 years

Binayak Sen — Political dissent isn’t sedition, that’s the law