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Chits come home to roost

-The Telegraph Calcutta: From Mamata Banerjee's backyard in Harish Chatterjee Street to Contai in East Midnapore, a contagion of protests is spreading in several parts of Bengal. Funds collection agents of the Saradha Group are besieging the seats of power with appeals to step in and avert a run on the chit fund-fuelled company since the Trinamul government was seen as the undeclared gilt-edged guarantor during the good times. Trinamul lent credence to...

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In Karnataka race of millionaires, real estate ahead of mining -Johnson TA

-The Indian Express Bangalore: When affidavits were filed by the contestants for the 2008 assembly polls declaring their wealth, it was a close race between the two dominant money-spinning sectors in Karnataka - real estate and iron ore mining. Affidavits filed by 5,376 candidates in the fray for the May 5 assembly polls show that the real estate sector that flourishes in and around Bangalore and, to a lesser extent, around cities...

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Activists demand more teeth for whistleblower bill

-The Hindustan Times A civil society group on Friday demanded key changes in the bill to protect whistleblowers, including widening its scope to bring all categories of public servants and private sector employees under its purview. The National Campaign for People's Right to Information, after day-long consultations with the families of some of the whistleblowers, asked the government to make the definition of victimisation clear in the bill. The Whistleblowers Protection Bill was...

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India a step closer to a new land acquisition law-Liz Mathew and Elizabeth Roche

-Live Mint Government reaches near consensus as BJP agrees to support Bill in Parliament; industry not enthused by plan The government may be close to pulling off one of India's most significant policy changes with a near consensus among political parties on a new land acquisition law, taking the country to the verge of removing what's perceived as the biggest impediment to the next wave of industrialization. At the conclusion of an all-party...

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Left for land bill debate

-The Telegraph The Left today said a degree of consent should be obtained even for land acquisition for public purpose and demanded the land acquisition bill be sent back to a parliamentary committee and not taken up for passage. "The present bill says there is no need for consent of those affected if land is acquired for government purpose. We are opposed to it. We feel a degree of consent is needed...

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