-The Telegraph The sudden arrest of Amway India's top brass on Monday has focused the spotlight on the crumbling fault lines and the grey areas in the demarcation between some of the world's best-known direct selling companies and the dodgy Ponzi schemes that promise huge returns to gullible investors and have lately grabbed all the sensational headlines in Bengal. William S. Pinckney, managing director of Amway India, and two directors of the...
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Rural India in decline-Niranjan Rajadhyaksha
-Live Mint The varying demographic trends in modern India could create disagreements in the political system There were 180 million more Indians in 2011 than a decade ago. Around half this increase in population came from the villages and half from the cities. The urban population actually grew slightly more than the rural population, perhaps for the first time in Indian history. The big picture is generally known. It is in the...
More »Thieves cost Indians Rs. 35,000 cr in a decade-Sneha Agrawal and Mohit Sharma
-The Hindustan Times Indians lost valuables worth Rs. 35,257 crore to thieves, robbers and cheats in the past 10 years, reveal statistics of the National Crime Records Bureau for 2002-2011. That is equivalent to the Delhi government's annual budget or what it last year took to run the national rural employment guarantee scheme which benefited 4.8 crore households. The national average for recovery was just about 20% ( Rs. 7,953 crore) of the...
More »Sugar at ration shops may dry up in 15 states next month-Indivjal Dhasmana
-The Business Standard States yet to invite tenders after partial decontrol of sugar was implemented Partial decontrol of sugar might augur well in the long run but not before giving teething troubles. Sugar supplies in ration shops of around 15 states might end from June 1, as these states have not started inviting tenders for supply, as is required under a new mechanism. Officials said only Andhra Pradesh, Kerala, Tamil Nadu, Goa, Madhya Pradesh,...
More »Panel tweaks plan for minority universities-Basant Kumar Mohanty
-The Telegraph A panel of experts has watered down a proposal by the UPA government to set up five minority universities, citing legal hurdles. The committee, headed by Indian Council of Social Science Research chairman Sukhadeo Thorat, has suggested that the institutions be set up as central universities with their focus on minorities, instead of minority institutions as proposed. The committee submitted its report to the minority affairs ministry last month, a senior...
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