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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...

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Maoist expansion plan targets poor villages in northeast -Sanjib Kr Baruah

-The Hindustan Times Adhering to Mao Tse-Tung's guerrilla warfare style of surrounding urban centres from the countryside, Communist Party of India (Maoist) has unleashed a long-term grand plan of expansion. Their target is the restive northeast where they plan to build their presence steadily in villages. "The plan is five-pronged and is centred on building up support networks in the villages of Assam and Tripura as of now. Then it will move...

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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...

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RBI probes Cobrapost report, reveals violations by banks: sources

-CNN-IBN New Delhi: The Reserve Bank of India is probing the Cobrapost sting operation on alleged money laundering by top banks. The RBI report has revealed major irregularities in top banks. The report shows string of violations on several counts. Sources say the RBI report reveals dummy PANs, unknown NRO IDs, unauthorised gold sale, rampant non-compliance of KYC norms and irregular staff trips. Sources say the RBI probe into ICICI Bank reveals cash...

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Financial muscle buys seats-Ramya Kannan

-The Hindu Money rules when it comes to getting a seat in private medical colleges If the strength of a State is to be measured by the number of medical colleges it has, then Tamil Nadu can compete with the best in the ring. It has among the most number of medical colleges: 18 government colleges and 22 private medical colleges (including deemed universities). When it comes to getting a seat in private...

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