-The Telegraph Kolkata: The Mamata Banerjee government is scrambling to stitch together a cogent response to the default crisis that is escalating by the hour. The ruling establishment's agony has been compounded by the close ties several of its ministers, MPs and MLAs had nurtured with the collapsed Saradha Group. Within Trinamul and the government, questions are being asked about what senior leaders and ministers were doing while the crisis was building up...
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Bengal’s Bonzi shell cracks up -Sambit Saha
-The Telegraph The "Bonzi" edifice, Bengal's version of the fraudulent Ponzi scheme that conned US investors a century ago, is shaking at its foundations. The panic set off by Saradha defaulting on payments has spread to similar schemes run by other firms and triggered protests and attacks on company offices in several parts of the state. These schemes' mostly small-time rural investors have begun to panic about the safety of their hard-earned...
More »With police help, banned Naxal group takes on Maoists in Jharkhand -Deepu Sebastian Edmond
-The Indian Express As coming-of-age rituals go, the Tritiya Sammelan Prastuti Committee (TSPC) couldn't have planned it better. Acting on intelligence by its cadre, it moved in on a group of Maoists in Chatra district's Lawalong Tola on the intervening night of March 27-28, killing 10. Among the dead was Lalesh Yadav, secretary of the Bihar-Jharkhand-North Chhattisgarh Special Area Committee, and his closest subordinates, thus leaving a vacuum at the heart...
More »Child rape: AAP activists protest outside PM's residence
-PTI A group of Aam Aadmi Party activists on Sunday tried to stage a protest demanding removal of Delhi Police commissioner Neeraj Kumar outside Prime Minister Manmohan Singh's residence and were detained. The activists reached Singh's 7 Race Course Road residence and tried to break the barricades to enter the high-security premises as their party served an "ultimatum" to the government to remove Kumar by this evening. Around 5pm, the activists tried to...
More »Activists demand more teeth for whistleblower bill
-The Hindustan Times A civil society group on Friday demanded key changes in the bill to protect whistleblowers, including widening its scope to bring all categories of public servants and private sector employees under its purview. The National Campaign for People's Right to Information, after day-long consultations with the families of some of the whistleblowers, asked the government to make the definition of victimisation clear in the bill. The Whistleblowers Protection Bill was...
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