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The Political Economy of Shadow Finance in West Bengal-Subhanil Chowdhury

-Economic and Political Weekly The Saradha group's collapse has possibly bankrupted lakhs of small investors robbing them of their life svaings, and has rendered thousands of its agents jobless. The scam highlights the failure of the government and its regulatory agencies to reign in the mushrooming chit fund companies in West Bengal. It also brings under the scanner the Trinamool Congress' proximity with the tainted group. In the wake of the...

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Vetting of coal report: Top govt law officers indulge in blame game ahead of SC hearing -Dhananjay Mahapatra

-The Times of India Less than 24 hours before the Supreme Court takes up the coal scam hearing on Tuesday, a blame game broke out within the government over who was responsible for incorrectly telling the court that the CBI had not shared the contents of its status report on " Coalgate" with the political executive. In a four-page letter to attorney general Goolam Vahanvati, additional solicitor general Harin Raval said he...

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Climate change meeting begins in Bonn -Indrajit Bose

-Down to Earth New deal must not attempt to rewrite or reinterpret the Convention, say developing countries The second session of the ADP, acronym for Ad hoc Working Group on Durban Platform, began in Bonn on April 29, 2013. At the opening session, countries outlined their positions on what they expect of the global deal on climate change, to be decided in 2015 and which will be implemented from 2020. The ADP, which...

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Coalgate: You don't need to take instructions from political masters, SC to CBI

-The Indian Express In a big embarrassment to the government in the Coalgate case, the Supreme Court today termed as 'very disturbing' the CBI affidavit on sharing its report with the Law Minister and others and slammed the agency for having kept the court in the dark on the issue. Hearing the coal blocks allocation scam case in a packed courtroom, the bench said 'suppression' of the fact that CBI has...

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1984 anti-Sikh riots case: Sajjan Kumar acquitted in one case

-The Times of India NEW DELHI: A Delhi court on Tuesday acquitted Congress leader Sajjan Kumar in a case related to the 1984 anti-Sikh riots. Five accused have been found gulity on various charges. Three of five accused have been found guilty of murder. District Judge J R Aryan had reserved the judgement on April 16 after the counsel for the CBI and the accused concluded their final arguments in the case. A...

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