-Live Mint Lack of decentralization means municipalities lack power, resources to meet rising aspirations of ‘middle' India Othakadai, Madurai (Tamil Nadu)/Hubli (Karnataka): S. Paramasivam , president of the Othakadai panchayat, has big plans for his area. "Rainwater harvesting, removal of encroachments on roads, waste recycling, covered drainage, bigger primary health care centres and community parks," lists the 58-year-old, who has spent 30 years in the stainless steel business that dominates industry...
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Cops on a roll on Saradha agent’s gifts -Monalisa Chaudhuri and Debashis Chattopadhyay
-The Telegraph Kolkata: Proceeds from the Saradha Group kept Bengal police on the move - at least in Baruipur, according to information stumbled upon by investigators into the default scandal. The police have learnt that Arindam Das, an agent who apparently made the highest collections from Baruipur in South 24-Parganas, had gifted two Tata Sumos (WB26R6763 and WB20U6409) to the local police station. "The two SUVs used in Baruipur police station were gifts...
More »The devolution deficit -KC Sivaramakrishnan
-The Indian Express Why we need to revisit the 74th Amendment The National Panchayati Raj Day to mark the enactment of the 73rd Constitutional Amendment was observed on April 24 with due ceremony but little hype. Whatever the reasons for the celebration, even those are not available for the 74th Amendment dealing with municipalities. The Government of India's first line of defence on this issue is that these are state subjects. Nevertheless, the...
More »Mamata Banerjee seeks to blame Centre for chit fund scam
-PTI Kolkata: West Bengal Chief Minister Mamata Banerjee, who has sought to blame the Centre for the chit fund scam, has claimed that the central government reduced the rate of interest in small savings to drive depositors towards ponzi schemes. "It is because the Centre has reduced the interest rates in small savings in the post office, poor people and those who have retired keep their money in these chit funds with...
More »Mamata's nephew a party to Ponzi schemes: CPM
-The Hindustan Times Demanding a CBI inquiry into Saradha Group financial scam, CPI(M) has accused chief minister Mamata Banerjee's nephew of being involved in Ponzi schemes. "Mamata Banerjee's nephew Abhishek Banerjee, who is the leader of Trinamool Youth Congress, runs a company which is involved in real estate and micro-finance and has made a huge amount of money in the last two to three years. Its turnover has skyrocketed to 300 crores...
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