-BBC Many Bangladeshi textile factories near the capital, Dhaka, have shut because of unrest sparked by the collapse of a factory building last month, the country's textile association has said. Owners made the decision on safety grounds after many workers went on a rampage, the group's president said. Retailers in Europe meanwhile said they would sign an accord to improve safety conditions in factories in Bangladesh. At least 1,127 people were killed when the...

-The Indian Express West Bengal is not new to chit fund scams. What is unique to the Saradha Group scandal is how it targeted the poorest and the most marginalised, leaving them on the verge of devastation. From 17-year-old agents who raised money from depositors to 50-year-old widows who invested money, the Saradha Group didn't discriminate in roping them in. Since the house of cards started collapsing, two agents and two...

-Live Mint Mani Shankar Aiyar, India's first panchyati raj minister, talks about the challenges the institutions face On Wednesday, India marked 20 years of panchayati raj, an exercise in devolving power to people at the grassroots. Rajya Sabha memberMani Shankar Aiyar was India's first panchyati raj minister, appointed to the newly created ministry in 2004. He headed a committee that examined the reasons why attempts at sharing power with self-governance units haven't...

-The Telegraph Kolkata: Chief minister Mamata Banerjee today flagged a four-member panel headed by a retired judge, a task force and an ordinance in her first comprehensive comments on the Saradha Group collapse that has triggered fears of a default contagion in Bengal. It was not clear if it was a stray remark or addressed at those seeking immediate relief for depositors but the chief minister also said that "ja gechhey ta...

-The Telegraph Kolkata: The Mamata Banerjee government is scrambling to stitch together a cogent response to the default crisis that is escalating by the hour. The ruling establishment's agony has been compounded by the close ties several of its ministers, MPs and MLAs had nurtured with the collapsed Saradha Group. Within Trinamul and the government, questions are being asked about what senior leaders and ministers were doing while the crisis was building up...