-The Times of India NEW DELHI: An investigation by the Reserve Bank of India (RBI) into allegations of money laundering by private banks has found large-scale violations ranging from huge cash deposits without PAN to dummy numbers. The probe report, a copy of which is available with TOI, shows that three private players - HDFC Bank, ICICI Bank and Axis Bank - had also hugely suppressed alerts generated by their system on...
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Setback for Mamata Banerjee: Calcutta High Court orders 3-phase panchayat polls in West Bengal by July 15 -Monideepa Banerjie
-NDTV The Calcutta High Court today disposed off an appeal by the state government against the order of the single bench last Friday by ordering panchayat elections by July 15 in three phases with forces from other states and central forces if necessary. The court also asked the state to provide 400 observers. Earlier, the state had said they would provide only 256. The court also ordered that the state government, in consultation...
More »Haves and have-nots, chained by loss-Sanjay Mandal
-The Telegraph Bengal - Defrauded Many households in Calcutta have a domestic help or a driver who has lost money by investing in Saradha schemes - a common thread that has spun a perception that the poor are the sole victims of the sham company. But Sudipta Sen's promise of high returns had blurred the divide between the haves and the have-nots as well as the educated and the uneducated. Travels across the semi-urban...
More »MGNREGA improves school enrolment, education
A recent statistical study by Indian researchers suggest that the MNREGA program in rural Andhra Pradesh might be having a positive effect on school enrolment and grades by improving the bargaining power of women within their household, as a consequence of earning wages in the rural job security program. The study is based on data from rural households in 5 districts in Andhra Pradesh and comprised of 3006 children, comparing...
More »PMO put pressure on MoEF to ease coal mining rules, reveals RTI query-Bahar Dutt
-CNN-IBN New Delhi: Just two days after the removal of Ashwani Kumar as Law Minister over the coal scam, there seems to be more trouble for Prime Minister Manmohan Singh. A Right to Information application shows that it was the Prime Minister's Office that put pressure on the Environment Ministry to ease environmental rules to allow expansion in coal mining projects. In a recent landmark judgement, the Supreme Court has upheld the...
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