-The Times of India The collapse of Saradha Group, promoted by Sudipta Sen, is the greatest threat yet to Mamata Banerjee's Trinamool Congress regime in Bengal. It could also imperil the finances of millions of people in Bengal, Assam, Jharkhand, Bihar, Orissa and eastern Uttar Pradesh. Trinamool's blatant association with the bigwigs of Saradha, which raised vast amounts of money from poor people before collapsing, is a potentially fatal political body blow....
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Saradha crisis: Mamata hikes VAT on tobacco for relief fund- Romita Datta
-PTI Mamata Banerjee stages reversal of former apathy towards fate of those affected by Saradha Group demise Kolkata: West Bengal chief minister Mamata Banerjee staged a reversal of her former apathy towards the fate of those whose savings had disappeared amid the collapse of the deposit-taking Saradha Group. Having said on Monday that "what has gone, has gone", Banerjee on Wednesday announced a 10 percentage point hike in value-added tax (VAT) on tobacco...
More »Deposit schemes: Blame game starts as Bengal grapples with fallout
-The Hindu Business Line Kolkata: Everyone knew that the bomb was ticking. But, there was not much action to curb the mushrooming ponzi schemes that were collecting thousands of crores from hapless investors across West Bengal since 2007-08. Some promised to grow money by 34 times in 25 years by investing in teak bonds. Others offered to double money in 15 months by investing in the potato trade. As a result, investments...
More »Government hints at broadcasting reform agenda- Shuchi Bansal
-Live Mint I&B minister raises prospect of independent broadcasting authority, says govt may be forced to set up ratings system Information and broadcasting (I&B) minister Manish Tewari on Friday raised the prospect of an independent broadcasting authority and said the government may be forced to set up a ratings system unless the industry took steps to put in place a credible method of ranking television programmes, in a series of statements that...
More »No news is bad news-Ramnath Bhat
-The Hindu Regulating content on community radio is detrimental to its efforts to engage with local communities The Ministry of Information and Broadcasting (MoIB) organised the 3rd National Community Radio Sammelan from February 9 to 11 to celebrate a decade of community radio. The celebrations were cut short when Secretary to MoIB Uday Kumar Varma confirmed that community radio stations would not be allowed to broadcast news for some time to come....
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