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The Political Economy of Shadow Finance in West Bengal-Subhanil Chowdhury

-Economic and Political Weekly The Saradha group's collapse has possibly bankrupted lakhs of small investors robbing them of their life svaings, and has rendered thousands of its agents jobless. The scam highlights the failure of the government and its regulatory agencies to reign in the mushrooming chit fund companies in West Bengal. It also brings under the scanner the Trinamool Congress' proximity with the tainted group. In the wake of the...

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V Kishore Chandra Deo, Panchayati Raj Minister talks to Liz Mathew, Elizabeth Roche and Anuja

-Live Mint   Panchayati raj minister V. Kishore Chandra Deo on how the system can function more effectively With the amendments that effected mandatory constitutional powers to panchayats and urban local bodies marking 20 years, V. Kishore Chandra Deo, Union minister for panchayati raj, acknowledged in an interview that the units of local self-governance could function more effectively. He also suggested that the three-tier system of panchayats could be improved to meet challenges...

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2,644 died during clinical trial of drugs in 7 years: Govt to SC -Dhananjay Mahapatra

-The Times of India As many as 2,644 people, called subjects, died during the clinical trials of 475 new drugs on human beings in last seven years and only 17 of the medicines were approved for marketing in India, the Centre has informed the Supreme Court. Responding to allegations by NGO, Swasthya Adhikar Manch, in its PIL that Indians were used as guinea pigs by foreign pharmaceutical majors for human trial of...

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Independent judiciary and interest groups -Shruti Rajagopalan

-The Hindu Business Line After the 1980s, special interest groups have preferred to knock on the doors of the judiciary. In India today, matters of public interest seem to get their due only when the Supreme Court has added its two cents. Interest groups, representing both general and special interests, petition the judiciary actively. In an era where virtually all institutions in India have been vulnerable to political capture, the judiciary seems like...

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Niyamgiri mining ban to stay, SC says gram sabha will decide if project hits tribals' religious, cultural rights -Utkarsh Anand

-The Indian Express The Supreme Court on Thursday ruled that the Vedanta Group's bauxite mining project in the Niyamgiri Hills of Orissa will have to get the gram sabha's clearance on whether it affects the cultural and religious rights of the tribals and forest dwellers living in Rayagada and Kalahandi districts. While the gram sabha's nod is compulsory under the Forest Rights Act, the court made it clear that the Act confers...

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