-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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Mamata Banerjee under attack for asking people to smoke more
-IANS KOLKATA: West Bengal chief minister Mamata Banerjee on Thursday came in for sharp criticism from within her party and the opposition after she suggested people to "smoke more" to provide compensation to victims of a chit fund scam. "Smoking is bad.. let there be tax on it. But am I responsible for what Sudipta Sen did? Why should I pay more tax on every cigarette I smoke? I haven't fleeced the...
More »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 »V Kishore Chandra Deo, Panchayati Raj Minister talks to Liz Mathew, Elizabeth Roche and Anuja
-Live Mint Panchayati raj minister V. Kishore Chandra Deo on how the system can function more effectively With the amendments that effected mandatory constitutional powers to panchayats and urban local bodies marking 20 years, V. Kishore Chandra Deo, Union minister for panchayati raj, acknowledged in an interview that the units of local self-governance could function more effectively. He also suggested that the three-tier system of panchayats could be improved to meet challenges...
More »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...
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