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The Political Economy of Shadow Finance in West Bengal-Subhanil Chowdhury

-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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What makes someone rape a child? -Sutapa Deb

-NDTV April 15, Gandhi Nagar, Delhi: A five-year-old girl is raped by two sexual predators, both young adults The shocking gang-rape has raised many questions. Where are the perpetrators of rape coming from? What makes them commit rape? To prevent sexual abuse and sexual violence against children, understanding the minds of the sex offenders is of utmost importance. Experts in the field of mental health and child abuse say perpetrators are like any of...

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After dragging feet, dose of tinkering

-The Telegraph Calcutta: Mamata Banerjee's zeal for a new anti-fraud bill could delay action against Saradha for months but has only a few differences with the old Left-sponsored bill her government has withdrawn, officials said today. "Except for three provisions and a few other minor changes, the language of the two bills is identical," a law department official said. A senior Writers' bureaucrat said the legislative steps that the new bill must...

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Different schemes built on different structures -Vinod Kothari

-The Hindu Even as thousands come to terms with the loss of life savings in the West Bengal "chit funds," it is interesting to find politicians promising new stern laws against such funds. Absence of laws is the least of the reasons for such schemes flourishing in the State. We are not short of such laws - in fact, we have plenty of laws that prohibit such schemes and provide for...

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Global scientists back 10-year moratorium on field trials of Bt food crops-Gargi Parsai

-The Hindu     They say Supreme Court-appointed panel's recommendations reasonable Even as the final report of the Supreme Court-appointed Technical Expert Committee (TEC) on open field trials of genetically modified crops is awaited, 51 independent international scientists with expertise in genetic engineering and biosafety protocols have approved the panel's Interim Report. The report has called for a 10-year moratorium on open field trials of Bt food crops until adequate regulatory mechanisms and safety...

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