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Ponzi puzzle stumps Amway

-The Telegraph The sudden arrest of Amway India's top brass on Monday has focused the spotlight on the crumbling fault lines and the grey areas in the demarcation between some of the world's best-known direct selling companies and the dodgy Ponzi schemes that promise huge returns to gullible investors and have lately grabbed all the sensational headlines in Bengal. William S. Pinckney, managing director of Amway India, and two directors of the...

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UN report highlights benefits of school meal programmes in crisis settings

-The United Nations A United Nations report released today stresses the importance of providing meals for schoolchildren, particularly in times of crisis, and notes that this is still lacking in many developing countries. "School feeding assures that where quality education is available, children are able to take advantage of the opportunity to learn," said the Executive Director of the World Food Programme (WFP), Ertharin Cousin. "It's an investment that pays off in the...

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Farmers' count increases in Madurai -J Arockiaraj

-The Times of India MADURAI: In what may come as a surprise package to the farming community, the number of farmers in Madurai district has increased marginally, even as there is a decline at the national level. In 2001, there were 3.1 lakh land holdings or farmers for a population of 25.78 lakh in the district. But now, the number has gone up to 3.28 lakh against a population of...

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Floors Wet With Sweat -Pragya Singh

-Outlook Labour is bought cheap, treated cheap-in India's garment factories as at Bangladeshi ones Even as the world remains morbidly fixated on the tragedy in Rana Plaza on the outskirts of Dhaka-the collapse of the textiles sweatshop three weeks ago buried 1,127 workers and sparked off a global outrage-it is business as usual at India's textile hubs. And you don't have to travel far from the city centre to...

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Haves and have-nots, chained by loss-Sanjay Mandal

-The Telegraph Bengal - Defrauded Many households in Calcutta have a domestic help or a driver who has lost money by investing in Saradha schemes - a common thread that has spun a perception that the poor are the sole victims of the sham company. But Sudipta Sen's promise of high returns had blurred the divide between the haves and the have-nots as well as the educated and the uneducated. Travels across the semi-urban...

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