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The fall of Saradha group revives old ghosts of ponzi schemes going bust -Atmadip Ray

-The Economic Times For many, it is a sense of deja vu. Fifteen years ago, the government and India's financial regulators came under fire after hundreds of crores were cleaned up by a few individuals and entities from gullible investors, who were promised fabulous returns from plantation schemes. In the uproar that followed, the government and the regulators sought to palm off the responsibility of regulation of such schemes on each...

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Draft guidelines for prevention of child abuse released

-The Hindu Waking up to the vulnerability of children in various institutions - schools, children's homes, households and other establishments dealing with minors -- the Delhi Commission for Protection of Child Rights (DCPCR) on Tuesday released a set of draft guidelines for prevention of child abuse. Confident that these draft guidelines, which have been now opened for comments, would be notified by next month, DCPCR chairman Arun Mathur said: "The aim is...

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“The Supreme Court's Vedanta verdict is an irony”-Rajesh Tandon

-Down to Earth Two developments in the last week essay the progress of panchayatiraj in the past 20 years. The Union Ministry of Panchayati Raj issued public notifications asking village panchayats to hold the next village council meeting in April/May. It is an irony that the highest unit of government i.e. the union government decides the dates of meetings for the lowest tier of governance. The notification violates the letter and...

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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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What the govt balance sheet shows-The words and deeds

-The Telegraph Kolkata: Chief minister Mamata Banerjee today flagged a four-member panel headed by a retired judge, a task force and an ordinance in her first comprehensive comments on the Saradha Group collapse that has triggered fears of a default contagion in Bengal. It was not clear if it was a stray remark or addressed at those seeking immediate relief for depositors but the chief minister also said that "ja gechhey ta...

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