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Saradha-hit govt plans ordinance teeth for Sebi -Subhomoy Bhattacharjee

-The Indian Express New Delhi: Stung by the Saradha episode, the government has decided to drastically amend Legislation governing the market regulator's power to police chit fund companies. The finance ministry will push for the Legislation to be cleared in the current session of Parliament and, if that fails, to issue an ordinance immediately afterward. Government managers believe the explosion of Ponzi schemes in West Bengal and in Uttar Pradesh is enough...

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Truth is now grey matter

-The Hindustan Times It never rains, it pours as far as the troubles of the UPA government go in recent times. Any hope that the scams which have been unearthed and their aftermath could be put behind it as it enters the final phase of its tenure before elections 2014 has been belied after the disclosure by the Central Bureau of Investigation director Ranjit Sinha that the agency had shown its...

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Succumbing to the bogey of fear -Anup Surendranath

-The Hindu In the Bhullar case, the Supreme Court has created a category of ‘terrorists' among those sentenced to death without providing a constitutional basis for it Writing on extra-judicial killings in the Economic and Political Weekly in March 1996, K.G. Kannabiran narrated a very interesting anecdote from his experience on the Civil Rights Committee appointed by Jayaprakash Narayan to investigate fake encounters orchestrated during the Emergency against naxalites. While interacting with...

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Draft guidelines for prevention of child abuse released

-The Hindu Waking up to the vulnerability of children in various institutions - schools, children's homes, households and other establishments dealing with minors -- the Delhi Commission for Protection of Child Rights (DCPCR) on Tuesday released a set of draft guidelines for prevention of child abuse. Confident that these draft guidelines, which have been now opened for comments, would be notified by next month, DCPCR chairman Arun Mathur said: "The aim is...

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West Bengal chit fund scam: Knives out for tainted Trinamool MPs

-The Times of India KOLKATA: The inferno triggered in a million homes by the Saradha meltdown has singed the ruling Trinamool Congress. The heat was palpable at an informal meeting of Trinamool MPs at Parliament's Central Hall on Tuesday when the knives were out against the tainted partymen who have harmed Didi's Ma-Mati-Manush image. With Sudipta Sen in custody, at least two heads in the Trinamool are set to roll, say party...

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