-PTI The government plans to provide subsidy to 14 crore LPG subscribers directly in their Bank accounts from October 1, using the Aadhaar payment platform. The government, official sources said, has decided to launch "Direct Benefit Transfer (DBT) for LPG throughout the country tentatively from October 1". "This (transfer of LPG subsidy) would require a much larger number of beneficiaries to be covered for opening of Bank accounts and linked to Aadhaar and...

-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...

-The Hindu Allahabad: Almost two months have passed since the largest human gathering, the Maha Kumbh Mela, concluded here, registering a mammoth 100 million devotees over 55 days. Huge Banners and hoardings welcomed visitors to an eco-friendly, ‘Green Kumbh,' spread this time over an extensive 4,000 acres. While the Uttar Pradesh government receives accolades for its management of the mega event - most recently through a presentation invite by Harvard University...

-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...

-The Telegraph Calcutta: Mamata Banerjee's zeal for a new anti-fraud bill could delay action against Saradha for months but has only a few differences with the old Left-sponsored bill her government has withdrawn, officials said today. "Except for three provisions and a few other minor changes, the language of the two bills is identical," a law department official said. A senior Writers' bureaucrat said the legislative steps that the new bill must...