-The Times of India DAKSHIN BARASAT (South 24-Parganas): Every other house in this part of Bengal has a rags-to-riches-to-rags story. Saradha Group showed them a dream that was unbelievable when it lasted. But then reality struck a hard, bitter blow. Sixty-year-old Dulal Chandra Gharami walked back home tense on Monday afternoon. He was summoned to the Trinamool Congress office at Beliadanga, where he was asked to cough up protection money. For last four...
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Cash transfer schemes effective way to help poor: World Bank chief
-PTI Washington: World Bank President Jim Yong Kim has praised the cash transfer programmes being implemented by several countries as an effective way to help the poor and reduce poverty. Without naming India, which is one of the countries implementing the cash transfer programme, Jim described the scheme as an important step towards inclusive growth. He was speaking at the ‘Fiscal Policy, Equity and Long-Term Growth in Developing Countries Conference' held at...
More »Glare on Mukul’s play, Amit’s miss
-The Telegraph Kolkata: The Mamata Banerjee government is scrambling to stitch together a cogent response to the default crisis that is escalating by the hour. The ruling establishment's agony has been compounded by the close ties several of its ministers, MPs and MLAs had nurtured with the collapsed Saradha Group. Within Trinamul and the government, questions are being asked about what senior leaders and ministers were doing while the crisis was building up...
More »Deposit schemes: Blame game starts as Bengal grapples with fallout
-The Hindu Business Line Kolkata: Everyone knew that the bomb was ticking. But, there was not much action to curb the mushrooming ponzi schemes that were collecting thousands of crores from hapless investors across West Bengal since 2007-08. Some promised to grow money by 34 times in 25 years by investing in teak bonds. Others offered to double money in 15 months by investing in the potato trade. As a result, investments...
More »Child rape: AAP activists protest outside PM's residence
-PTI A group of Aam Aadmi Party activists on Sunday tried to stage a protest demanding removal of Delhi Police commissioner Neeraj Kumar outside Prime Minister Manmohan Singh's residence and were detained. The activists reached Singh's 7 Race Course Road residence and tried to break the barricades to enter the high-security premises as their party served an "ultimatum" to the government to remove Kumar by this evening. Around 5pm, the activists tried to...
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