-PTI Kolkata: West Bengal Chief Minister Mamata Banerjee, who has sought to blame the Centre for the chit fund scam, has claimed that the central government reduced the rate of interest in small savings to drive depositors towards ponzi schemes. "It is because the Centre has reduced the interest rates in small savings in the post office, poor people and those who have retired keep their money in these chit funds with...
More »SEARCH RESULT
Total Matching Records found : 2412
Now, a Bill for protection and welfare of widows-Aarti Dhar
-The Hindu The Bill is a slight improvement on a Private Member's Bill tabled in 2007 Varanasi (UP): Taking forward the movement on improving the plight of widows in the country, a Bill has now been drafted for the protection, welfare and maintenance of such women. The draft Bill prepared by Sulabh International seeks to provide for measures to be undertaken by the state for the protection, welfare and maintenance of neglected, abandoned...
More »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...
More »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 »She lives it! -Sangeeta Barooah Pisharoty
-The Hindu Well-known feminist Kamla Bhasin says that Indian men will have to change, not to support women but to save themselves from being brutalised by centuries of exposure to patriarchy. "Mian, aap mein kuch kami hai" (Gentleman, there is something wrong with you)." Some months ago, when Kamla Bhasin, well-known feminist from Delhi, came up with this retort to Aamir Khan on his headline-grabbing tele-show Satyameva Jayate on saying that he...
More »
