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What the govt balance sheet shows-The words and deeds

-The Telegraph Kolkata: Chief minister Mamata Banerjee today flagged a four-member panel headed by a retired judge, a task force and an ordinance in her first comprehensive comments on the Saradha Group collapse that has triggered fears of a default contagion in Bengal. It was not clear if it was a stray remark or addressed at those seeking immediate relief for depositors but the chief minister also said that "ja gechhey ta...

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Modi’s Pals-Himanshu Upadhaya

-Hard News While Narendra Modi's apologists will selectively quote from the latest CAG audit report on state finances that revenue earning has registered an upswing, they will compulsively forget that "the fiscal deficit of Rs 11,027 crore in 2011-12 was met out from a net borrowing of Rs 15,083 crore". The CAG has remarked that "an increase of 41 per cent in the market borrowing in 2011-12 over previous year for...

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Young IAS officer selected for PM's award for excellence in education -Aman Sharma

-The Economic Times Young IAS officer Omprakash Choudhary has won the Prime Minister's award for excellence in public administration for his stellar work in education in Chattisgarh's Dantewada district, the scene of country's worst Naxal insurgency. The 31-year-old officer of the 2005 batch was among the youngest recipients ever to receive the award on Sunday, which happens to be Civil Services Day in Delhi. "Dantewada district is my first posting as a...

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Deposit schemes: Blame game starts as Bengal grapples with fallout

-The Hindu Business Line Kolkata: Everyone knew that the bomb was ticking. But, there was not much action to curb the mushrooming ponzi schemes that were collecting thousands of crores from hapless investors across West Bengal since 2007-08. Some promised to grow money by 34 times in 25 years by investing in teak bonds. Others offered to double money in 15 months by investing in the potato trade. As a result, investments...

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Supreme Court and the aam aadmi -G Mohan Gopal

-Frontline It is the goal of social revolution that connects the aam aadmi to the judiciary and to its highest institution, the Supreme Court of India. By Prof. G. MOHAN GOPAL WHAT should be the appropriate mea-sure of the relationship between the apex court of a country and its common people? Should an apex court be evaluated by who invokes its jurisdiction, from which area and for what purpose? Is an apex...

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