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Assured return offers by realtors and jewellers to be treated as Ponzi -Sidhartha

-The Times of India NEW DELHI: The proposed law to crack down on Ponzi schemes will bar Real Estate developers that offer fixed returns till possession as well as schemes from jewellers as the government believes that they are “unregulated deposits”. The clampdown on realtors, jewellers and other deposit-seeking entities is part of the Banning of Unregulated Deposit Schemes Bill, which was cleared by the Cabinet on Wednesday and is expected to...

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'Ancient practices don't lead to water crisis'

-The Times of India JAIPUR: Rajasthan is heading for deep water crises not due to fluctuating monsoon, but due to shunning of traditional practices using and conserving water. Every village household till a century or some decades ago had its own water conservation system by effectively using used domestic water for cleaning clothes, irrigation. Lastly, accumulating the wastewater in a small hole in the end, say experts at a two conference...

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Education ups attendance of MPs, criminal history lowers it -Neelanjan Sircar

-Hindustan Times An analysis of parliamentarians’ attendance suggests a correlation between their regularity and the troika of moveable wealth, education, and criminality. Showing up to work is the least we can expect from our Members of Parliament (MPs). Yet, very few MPs do this with regularity — only 20% of standard (non-minister) MPs that served a full term in Lok Sabha between 2009 and 2014 attended Parliament at least 90% of the...

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Kashmir's information warriors -Vidya Venkat

-The Hindu Where the citizen-government gap is bridged by using the RTI Act for administrative reforms April 18, 2014 is a day the shepherds around Budgam town near Srinagar will not forget. This was the day when Tosa Maidan — a vast pasture that shepherds from seven districts traditionally grazed their livestock in — was reclaimed from the Indian Army. Leased out to the Army in 1964, Tosa Maidan or ‘the king of...

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Pranab Bardhan, professor of graduate school in the department of economics at the University of California (Berkeley), interviewed by Devadeep Purohit (The Telegraph)

-The Telegraph The Left in Bengal had often criticised him whenever he red-flagged excessive local tyranny, and spoke about the industrial decline in Bengal. The incumbent ruling party may make tall claims about changes in Bengal since the Trinamul government came to power but he has been candid enough to suggest that he hasn't seen much change either in industrial expansion or in investment in infrastructure. Former Prime Minister Manmohan Singh has...

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