-The Economic Times NEW DELHI and CHANDIGARH: It is not without reason that the quintessential real estate firm has become the epicentre in all scams in India in recent times. From Satyam to 2G, Vadra to Saradha and now Railgate - every scam's trail leads to fraudulent investments and dubious deals in the real estate sector. Not only does the barely regulated sector allows rampant transactions in black money allowing scamsters...
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200 farmers detained for 6 hours -Vandana Keelor
-The Times of India GREATER NOIDA: Nearly 200 farmers , many of them partly clothed, courted arrest on Yamuna Expressway . The farmers planned to protest before Prime Minister Manmohan Singh at theAsian Development Bank (ADB) summit in Greater Noida on Saturday . The agitators , who were on their way to the Expo Mart , were intercepted and taken to the police lines . The protesters alleged that the cops...
More »Over 2,000 fewer farmers every day-P Sainath
-The Hindu The mistaken notion that the 53 per cent of India's population ‘dependent on agriculture' are all ‘farmers' leads many to dismiss the massive farmers' suicides as trivial There are nearly 15 million farmers (‘Main' cultivators) fewer than there were in 1991. Over 7.7 million less since 2001, as the latest Census data show. On average, that's about 2,035 farmers losing ‘Main Cultivator' status every single day for the last 20...
More »The fall of Saradha group revives old ghosts of ponzi schemes going bust -Atmadip Ray
-The Economic Times For many, it is a sense of deja vu. Fifteen years ago, the government and India's financial regulators came under fire after hundreds of crores were cleaned up by a few individuals and entities from gullible investors, who were promised fabulous returns from plantation schemes. In the uproar that followed, the government and the regulators sought to palm off the responsibility of regulation of such schemes on each...
More »Land Bill misses ground picture -Sanjoy Chakravorty
-The Hindu Business Line The Bill does not take into account the extremely varied nature of land markets. It looks like the Land Acquisition, Rehabilitation And Resettlement Bill is going to be finally presented in Parliament for passage in the current session. The full details of what is in the current Bill aren't known because over 150 amendments may have been made to the last version that was available for public scrutiny. But...
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