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Garibi hatao now passe-Sharath S Srivatsa

-The Hindu     ‘Crorepati'-Politicians wear their wealth like a badge of honour Bangalore: With the new breed of "crorepati"-Politicians wearing their wealth like a badge of honour, the old slogans of "Garibi Hatao" (remove poverty) have become passé. The rise in the prominence of moneybags from real estate, the private education sector, and industry in the city's political landscape has not only deflected social issues but it has also changed the benchmark for a...

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WB govt plans crackdown to tackle chit fund scam -Sumanta Ray Chaudhuri

-The Hindustan Times A day after the police seized Saradha Group chairman Sudipta Sen's property and froze his bank accounts for duping thousands of people with his chit-fund money-trap, a PIL was filed in Calcutta high court petitioning the court to order a CBI enquiry into the Saradha Group. Income Tax officials and Left MPs have also decided to nail all those involved with the dubious firm. While the Income-Tax department is planning...

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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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Doublespeak on electoral reforms-N Gopalaswami

-The Hindu   The paid news case is no longer just about Ashok Chavan. It concerns every individual and institution opposed to the sway of money power in elections Politicians everywhere are known to indulge in doublespeak and our Politicians are no exception. But some recent pronouncements of our Law Minister only show that our Politicians may have very few serious rivals in this sport. Not long ago, the Minister was all praise...

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Bihar spends Rs 170cr annually guarding VIPs -Gyan Prakash

-The Times of India PATNA: Bihar spends Rs 170 crore annually deploying 5,000 police personnel out a force of 60,000 as bodyguards for Politicians, judges, bureaucrats, police officers, members of constitutional bodies and other governmental functionaries. The NDA government in 2007 had created separate posts of 5,800 bodyguards which were later merged with the police. Patna district police has 1,500 such bodyguards. One constable used to be assigned to each MLA or MLC,...

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