-The Times of India Prime Minister Manmohan Singh said on Saturday that unauthorized collection of deposits promising high returns has to be curbed as the Centre unleashed a multi-agency probe on chit funds and money pooling firms in West Bengal and the eastern region. Rattled by the collapse of the Saradha group in West Bengal, the Centre has asked various agencies such as the Enforcement Directorate (ED), Income Tax department, the ministry...
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In story of Saradha's crores, Bengal's forgotten hundreds -Madhuparna Das
-The Indian Express West Bengal is not new to chit fund scams. What is unique to the Saradha Group scandal is how it targeted the poorest and the most marginalised, leaving them on the verge of devastation. From 17-year-old agents who raised money from depositors to 50-year-old widows who invested money, the Saradha Group didn't discriminate in roping them in. Since the house of cards started collapsing, two agents and two...
More »Women under pressure to stay away from protests against rape incident-Rahi Gaikwad
-The Hindu Court asks Jharkhand government to submit action taken report Ranchi: There were protests here on Friday against the alleged rape and killing of a six-year-old girl who went missing on Wednesday and was found dead with strangulation marks on her neck and injuries on her genitals in the early hours of Thursday in Doranda. The girl, a student of class II, went missing soon after she returned home from school...
More »Trinamool runs aground: It is foundering on Bengal’s cheat funds and could well sink with them -Abheek Barman
-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....
More »458 non-tribals without ILP detained in Mizoram
-PTI Aizawl: At least 458 non-tribals without valid Inner Line Permit (ILP) have been detained in various police stations in Mizoram after the influential Young Mizo Association (YMA) launched a recent drive against them. Police said those identified as staying in the state without valid ILP or fake ILP were brought before the Local courts and, if convicted, they will be deported, a senior police official said here today. 192 of...
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