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WB govt plans crackdown to tackle chit fund scam -Sumanta Ray Chaudhuri

-The Hindustan Times A day after the police seized Saradha Group chairman Sudipta Sen's property and froze his bank accounts for duping thousands of people with his chit-fund money-trap, a PIL was filed in Calcutta high court petitioning the court to order a CBI enquiry into the Saradha Group. Income Tax officials and Left MPs have also decided to nail all those involved with the dubious firm. While the Income-Tax department is planning...

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Illusory rights -Venkitesh Ramakrishnan and Ajoy Ashirwad Mahaprashasta

-Frontline PESA, which is seen as an enabling law for tribal self-governance, is violated brazenly by both the Union government and State governments in the name of development. SINCE October 2012, the Ministry of Rural Development of the United Progressive Alliance (UPA) government has apparently been engaged in an exercise to evolve a "National Land Reforms Policy". Over these months, the Ministry wrote to various State governments, highlighting the importance of...

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Govt shifts stand, wants PPP project details revealed -Himanshi Dhawan

-The Times of India In a significant move towards transparency, the government on Tuesday said all public authorities should proactively disclose information related to public private partnerships (PPP) projects on their websites. Though the disclosure will be voluntary, this marks a shift from the Centre's stand for the last two years when it stonewalled Central Information Commission (CIC)'s recommendation seeking disclosure of PPP projects and will herald greater transparency. Guidelines issued by the...

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Most big patented drugs skip India -Rupali Mukherjee

-The Times of India Big pharma may be crying hoarse over India's "weak'' intellectual property environment, but over the past five years or so, they have introduced only a handful of their patented blockbusters in the country. That's not all. The contribution of patented drugs in the Rs 72,000-crore pharma retail market is not even 1%, indicating that multinationals have been traditionally slow and have a poor track record in introducing...

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Indian Express-ICIJ probe: Vijay Mallya, Ravikant Ruia in tax havens -Ritu Sarin

-The Indian Express The 612 Indians on the list of those who have invested in tax havens such as the British Virgin Islands include two MPs, a former royal and top industrialists. RITU SARIN puts together details of 20 among them SONU LALCHAND MIRCHANDANI Mirchandani is the founder of popular consumer electronics firm Onida. Mirchandani and his wife, Soni, opened a BVI company called Strong Wing Overseas Ltd in 2006 with an authorised...

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