-The Economic Times Successful implementation of the Food Security Bill will leave more savings in the hands of rural and urban below poverty line (BPL) households, enabling them to spend on health, education and nutritious food, a study said on Monday. The implementation of the Food Security Bill could also generate additional savings of around Rs 4,400 this year for every beneficiary household in some states, the report said. The savings would arise...

-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...

-The Hindu Business Line There can be no denying the need for a legal framework to ensure that the likes of Saradha do not take the entire financial system for a ride. But that said, there will always be greedy investors, willing to be taken in by the tall promises of unscrupulous operators. The latter's task is made easier by loopholes in the law. Hence, Ponzi operators used the legal loopholes...

-New Indian Express Bhubaneswar: Chief Minister Naveen Patnaik on Tuesday said nearly three lakh landless tribal families in the State would get land by the end of the 12th Plan period. Chief Minister Naveen Patnaik on Tuesday said nearly three lakh landless tribal families in the State would get land by the end of the 12th Plan period. Launching an ambitious plan that envisages conferring land titles on every tribal household in the...

-NDTV Employment under the Mahatma Gandhi National Rural Employment Guarantee Act or MNREGA has declined, while Rs. 128 crore have been misused and work worth a staggering Rs. 4000 crore is incomplete, the government's auditor has alleged in its review of the rural job scheme that the Congress-led UPA government counts as one of its most significant achievements in the last nine years of rule at the Centre. In its report...