-The Indian Express West Bengal is not new to chit fund scams. What is unique to the Saradha Group scandal is how it targeted the poorest and the most marginalised, leaving them on the verge of devastation. From 17-year-old agents who raised money from depositors to 50-year-old widows who invested money, the Saradha Group didn't discriminate in roping them in. Since the house of cards started collapsing, two agents and two...
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Govt pushes for food, land bills this session -Saubhadra Chatterji
-The Hindustan Times Even as the logjam in Parliament over ‘coalgate' and the JPC shows no sign of resolution, government managers moved ahead with two key social-sector bills - food security and land acquisition. The government has listed the food bill for discussion and passing on May 3 and the land bill for May 8. While the steps are seen more as the UPA's attempt to showcase its commitment towards its pending...
More »Under regulator’s nose-Indrani Dutta
-The Hindu Chief Minister Mamata Banerjee may be sleeping easy as she has "settled all the issues at hand" on the Saradha scam. Saradha Group promoter Sudipto Sen has been booked and a Rs. 500-crore kitty has been created to make refunds to the depositors. However, no one is clear just how the refunds would be made and whether existing laws permit it. Mr. Sen's bubble may have burst. But the travails...
More »Law minister shown coal scam report, CBI tells SC
-The Hindustan Times The Central Bureau of Investigation said on Friday that the law minister had been given access to a draft copy of its report into the coal blocks allocation scam, prompting furious Opposition calls for his resignation and putting at risk the functioning of Parliament next week. CBI director Ranjit Sinha submitted a highly unusual affidavit to the Supreme Court saying the agency had shared the draft with minister Ashwani...
More »Protect Dalits from atrocities: SC panel
-PTI Commission upset over 'steep rise' in cases Chandigarh: The National Commission for Scheduled Castes on Friday expressed strong displeasure over the failure of Haryana, Punjab, Uttar Pradesh and Bihar governments to prevent "steep rise" in atrocities against people from weaker sections. "The commission is in the final stages of preparing a report card on the functioning of Haryana, Punjab, Bihar and UP governments regarding increase in cases of atrocities against Dalits," NCSC...
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