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Govt's anti-black money dept left toothless -Pradeep Thakur

-The Times of India A year after the UPA presented a white paper on black money in Parliament, spelling out strategy to curb generation of illicit money and preventing its offshore flight, one of the most potent weapons created to tackle the menace and bring offenders to book - theincome tax department's Directorate of Criminal Investigation (DCI) - stands dismantled and powerless. The last search-and-survey operation, better known as I-T raids,...

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A legal blind spot-CRL Narasimhan

-The Hindu The Saradha group's spectacular failure has inflicted severe pain not only on its gullible depositors and agents but in a real sense on India's financial regulators and the State government as well. There is a law and order problem in West Bengal. Very soon, public attention will shift to regulation or the lack of it. The crisis, it appears, will not be confined to one state. In the worst...

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House panel: Government clearing harmful drugs -Rupali Mukherjee

-The Times of India MUMBAI: You could be popping certain pills and combinations that are illegally approved, harmful, cleared without proper clinical trials or even banned in the US and other countries. Delivering a severe rap on the government's knuckles, a parliamentary standing committee on health has charged it with "dilly-dallying and procrastination'' over serious irregularities in approval of life-saving medicines, not following the global ban on harmful drugs, and failing...

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Can legal measures root out chit fund frauds? - Yes -Ramesh K. Vaidyanathan and Anumeha Iyer

-The Hindu Business Line Chit funds, one of India's oldest indigenous financial institutions, are regulated by the Chit Funds Act, 1982, a central statute, and various State-specific regulations. Further, the Securities and Exchange Board of India (SEBI) regulates the operation of ‘collective investment schemes' (Collective Investment Schemes) through the SEBI 1999 Regulations (CIS Regulations). However, Section 11 AA of the Securities and Exchange Board of India Act, 1992 specifically excludes a...

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She lives it! -Sangeeta Barooah Pisharoty

-The Hindu     Well-known feminist Kamla Bhasin says that Indian men will have to change, not to support women but to save themselves from being brutalised by centuries of exposure to patriarchy. "Mian, aap mein kuch kami hai" (Gentleman, there is something wrong with you)." Some months ago, when Kamla Bhasin, well-known feminist from Delhi, came up with this retort to Aamir Khan on his headline-grabbing tele-show Satyameva Jayate on saying that he...

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