-The Business Standard The scheme can be named as 'Social Security Scheme' or 'We The People Scheme'; would not offer high returns like chit funds Kolkata: West Bengal Chief Minister Mamata Banerjee today proposed to launch a government-sponsored deposit-taking scheme to provide a secured saving option to the rural people of the state as an alternative. "To provide proper facility in the wake of growing financial insecurity, we are thinking of a social...
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In recent times, every scam’s trail has led to dubious deals in real estate -Ravi Teja Sharma & Viney Sharma
-The Economic Times NEW DELHI and CHANDIGARH: It is not without reason that the quintessential real estate firm has become the epicentre in all scams in India in recent times. From Satyam to 2G, Vadra to Saradha and now Railgate - every scam's trail leads to fraudulent Investments and dubious deals in the real estate sector. Not only does the barely regulated sector allows rampant transactions in black money allowing scamsters...
More »Purti group allegedly evaded tax worth Rs. 7cr: I-T dept
-PTI The Income Tax department has detected alleged tax evasion to the tune of Rs. 7 crore in the business transactions of Purti group of companies related to former BJP president Nitin Gadkari. Probing the alleged dubious transactions of the Purti Power and Sugar Limited (PPSL) since last year, the department has completed assessments pertaining to the last two financial years and has found evasion to the tune of more than Rs....
More »The sunshine State-Darshan Desai
-The Hindu Launched towards the end of 2010, the Rs. 9,000-crore Gujarat Solar Park, set up on government wasteland in north Gujarat, has already been producing 214 MW from the sun, making it the first State to generate such capacity at a single location. And when expanded to 5,000 acres from the present 2,669 acres, the Charanka Park, located at a village of Patan district, will generate 500 MW. This will make...
More »Reality check on land -Yoginder K Alagh
-The Indian Express Law on land acquisition will reduce distortions in the use of a scarce resource Land records are in a mess in most states. While satellite imagery can yield an authentic image of the plots, it cannot determine ownership. The land acquisition issue is nearing the end of its first phase. With the government accepting key BJP demands, a consensus has been evolved and the Land Acquisition, Rehabilitation and Resettlement Bill...
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