-The Telegraph Calcutta: From Mamata Banerjee's backyard in Harish Chatterjee Street to Contai in East Midnapore, a contagion of protests is spreading in several parts of Bengal. Funds collection agents of the Saradha Group are besieging the seats of power with appeals to step in and avert a run on the chit fund-fuelled company since the Trinamul government was seen as the undeclared gilt-edged guarantor during the good times. Trinamul lent credence to...
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Activists demand more teeth for whistleblower bill
-The Hindustan Times A civil society group on Friday demanded key changes in the bill to protect whistleblowers, including widening its scope to bring all categories of public servants and private sector employees under its purview. The National Campaign for People's Right to Information, after day-long consultations with the families of some of the whistleblowers, asked the government to make the definition of victimisation clear in the bill. The Whistleblowers Protection Bill was...
More »India a step closer to a new land acquisition law-Liz Mathew and Elizabeth Roche
-Live Mint Government reaches near consensus as BJP agrees to support Bill in Parliament; industry not enthused by plan The government may be close to pulling off one of India's most significant policy changes with a near consensus among political parties on a new land acquisition law, taking the country to the verge of removing what's perceived as the biggest impediment to the next wave of industrialization. At the conclusion of an all-party...
More »Interest rates may fall as inflation slows to 3-year low
-The Times of India The inflation rate slowed to a more than three-year low of 5.96% in March on the back of softening vegetable, fruits and milk prices, brightening the prospect of an interest rate cut by RBI while bringing relief for the politically beleaguered government. Lower interest rates would provide relief to thousands of borrowers reeling under the burden of high equated monthly installments ( EMIs) on their home loans. Data released...
More »Sub-Saharan Africa fares well over South Asia on Malnutrition -Rituraj Tiwari
-The Economic Times WASHINGTON: As India gears up to provide food security cover to 67% of its population, a report compiled by Global Development Network says that the challenges to food security and rural livelihood is fast growing not only in India but in entire South Asia. The report says that the problem can be addressed by investment in agriculture and rural livelihoods on a priority basis. "Financial investment in agriculture research...
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