-Economic and Political Weekly The Saradha group's collapse has possibly bankrupted lakhs of small investors robbing them of their life svaings, and has rendered thousands of its agents jobless. The scam highlights the failure of the government and its regulatory agencies to reign in the mushrooming chit fund companies in West Bengal. It also brings under the scanner the Trinamool Congress' proximity with the tainted group. In the wake of the...
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In story of Saradha's crores, Bengal's forgotten hundreds -Madhuparna Das
-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...
More »The way out of the mess on road -Sujaya Rathi and Anantha Lakshmi
-The Hindu The public transport system is the most effective way of reducing the number of vehicles as well as emissions Prime Minister Manmohan Singh recently launched the National Electric Mobility Mission Plan (NEMMP), 2020 with an ambitious goal of shifting to electric propulsion for surface transport. This would reduce our dependence on diesel and petrol and lead to lower emission levels, including carbon-di-oxide emission, which is one of the major contributors...
More »Power of RTI-Ashutosh Shukla
-DNA Dharmenddra Pawar, 35, could regain his mental balance only after he saw his answer paper procured through an RTI. For, only then he saw the examiners' apathy and not the failure of his hard work that led to absolute distress and him repeating the year. "I could not understand that in the first attempt I scored 27 marks and 0 in the second when I had put in more effort," said...
More »Sticky food inflation a combination of fiscal indiscipline, rural wages, global factors -Sanjeeb Mukherjee
-The Business Standard Ashok Gulati in a paper also gave measures to contain the inflation As India's food inflation continues to remain stubbornly high - it was in double digit for the third straight month in February 2013 at 11.38% - a discussion paper floated by eminent agriculture economist and chairman of Commission for Agriculture Costs and Prices (CACP) Ashok Gulati has blamed high fiscal deficit, rising farm wages and global food...
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