-The Hindu Business Line There can be no denying the need for a legal framework to ensure that the likes of Saradha do not take the entire financial system for a ride. But that said, there will always be greedy investors, willing to be taken in by the tall promises of unscrupulous operators. The latter's task is made easier by loopholes in the law. Hence, Ponzi operators used the legal loopholes...
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MLA grabs land meant for landless farmers-Imran Gowhar
-The Hindu Bangalore: Rajarajeshwarinagar MLA M. Srinivas has been booked by the Bangalore Metropolitan Task Force (BMTF) for grabbing five acres of government land in Kaggalipura village, Uttarahalli hobli, in Bangalore South, which was meant for landless farmers. The Bharatiya Janata Party leader, in the thick of his re-election campaign, allegedly sanctioned the land to his supporters as president of the Bagair Hukum Committee, said BMTF sources. The April 20 first information...
More »Land lease is an idea whose time has come-NC Saxena
-The Business Standard It will make the coercive powers of the land acquisition law irrelevant, though including it in the central Bill would be unconstitutional The proposal to amend the central Land Acquisition Bill to provide for leasing of land rather than acquiring it is just not constitutionally feasible. Land is a state subject and the Centre cannot legislate on leasing at all. But as an idea it is great and should...
More »Saradha chit fund mess: Quick-rich dreams lie crushed -Krishnendu Bandyopadhyay
-The Times of India DAKSHIN BARASAT (South 24-Parganas): Every other house in this part of Bengal has a rags-to-riches-to-rags story. Saradha Group showed them a dream that was unbelievable when it lasted. But then reality struck a hard, bitter blow. Sixty-year-old Dulal Chandra Gharami walked back home tense on Monday afternoon. He was summoned to the Trinamool Congress office at Beliadanga, where he was asked to cough up protection money. For last four...
More »Waiting for a new chapter in life to begin-Smriti Kak Ramachandran
-The Hindu From the outside, it is just one of those private schools tucked away in an obscure corner that holds out the promise of convent-education, but once you are inside the poorly-lit building -- known as House No.16 -- in South-West Delhi's Bijwasan, you are confronted by the presence of countless buzzing flies and a pervading nauseating stench. This school with cramped classrooms and no students is home to grown...
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