-The Hindu Suspended Trinamool Congress MP Kunal Ghosh was arrested on Saturday after the investigating authorities found prima facie evidence against him in connection with the Saradha Ponzi scam. Briefing reporters, Arnab Ghosh, Deputy Commissioner, Detective Department of the Bidhannagar City Police, said: "Prima facie evidence indicates that Kunal Ghosh played an equal part in the conspiracy." The Saradha group, which allegedly duped people of over Rs. 2,300 crore through its various Ponzi...
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West Bengal: Saradha scam worth Rs 2,460 crore, report says
-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...
More »NAC to examine effect of developmental interventions and constitutional safeguards on tribal people-Smita Gupta
-The Hindu The Sonia Gandhi-led National Advisory Council (NAC) will examine whether developmental interventions and constitutional safeguards - including Fifth Schedule provisions - have come to the aid of tribal people in Left Wing Extremism (LWE)-affected districts in central India. An NAC Working Group (WG) headed by tribal expert Professor Virginius Xaxa - who also heads the Prime Minister's high level committee that is to produce a report on the...
More »A Tough Gangtok Rap -Soumik Dutta
-Outlook An RTI exposes how the Sikkim govt has blatantly misutilised funds meant for quake relief Whose Money Is It Anyway! Of the Rs 60.45 crore allocated for construction of roads and bridges, the state government gave only Rs 30 crore Another Rs 52.64 crore was allocated, of which the government again spent only Rs 3 crore On the other hand, the...
More »Nip this in the bud-Aruna Rodrigues
-The Hindu Genetically modified crops, whose ecological effects are irreversible, could become a mainstay of Indian agriculture thanks to collusion between the government and the biotech industry The final report of the Supreme Court-appointed Technical Expert Committee (TEC) on field trials of genetically modified crops is packed with revelations on what is wrong with institutional governance and regulation in India when it comes to GMOs (genetically-modified organisms). The report's release late last...
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