-The Indian Express New Delhi/ Kolkata: Chit fund 'kingpin' names politicians from Bengal, Assam in letter to CBI. Sudipta Sen, promoter of Saradha Group, has claimed that Trinamool Congress's Rajya Sabha members Kunal Ghosh and Srinjay Bose assured him that his business interests will be protected "as they have a very close connection" with Chief Minister Mamata Banerjee. In an 18-page letter to the CBI, Sen has alleged that a number of politicians...
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The fall of Saradha group revives old ghosts of ponzi schemes going bust -Atmadip Ray
-The Economic Times For many, it is a sense of deja vu. Fifteen years ago, the government and India's financial regulators came under fire after hundreds of crores were cleaned up by a few individuals and entities from gullible investors, who were promised fabulous returns from plantation schemes. In the uproar that followed, the government and the regulators sought to palm off the responsibility of regulation of such schemes on each...
More »Public-pvt partnerships to fall under RTI ambit -Aditi Nigam
-The Hindu Business Line Fresh guidelines issued on procurement details, disclosure of CAG reports Public-private partnerships (PPPs) will soon come under the ambit of the RTI (right to information) as per a fresh set of guidelines issued by the Department of Personnel and Training (DoPT) on April 15. According to the guidelines on suo motu disclosure under Section 4 of RTI Act, 2005, the DoPT says since public services are proposed to be...
More »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...
More »Independent judiciary and interest groups -Shruti Rajagopalan
-The Hindu Business Line After the 1980s, special interest groups have preferred to knock on the doors of the judiciary. In India today, matters of Public Interest seem to get their due only when the Supreme Court has added its two cents. Interest groups, representing both general and special interests, petition the judiciary actively. In an era where virtually all institutions in India have been vulnerable to political capture, the judiciary seems like...
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