-Live Mint Lack of decentralization means municipalities lack power, resources to meet rising aspirations of ‘middle' India Othakadai, Madurai (Tamil Nadu)/Hubli (Karnataka): S. Paramasivam , president of the Othakadai panchayat, has big plans for his area. "Rainwater harvesting, removal of encroachments on roads, waste recycling, covered drainage, bigger primary health care centres and community parks," lists the 58-year-old, who has spent 30 years in the stainless steel business that dominates industry...
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The Political Economy of Shadow Finance in West Bengal-Subhanil Chowdhury
-Economic and Political Weekly The Saradha group's collapse has possibly bankrupted lakhs of small investors robbing them of their life svaings, and has rendered thousands of its agents jobless. The scam highlights the failure of the government and its regulatory agencies to reign in the mushrooming chit fund companies in West Bengal. It also brings under the scanner the Trinamool Congress' proximity with the tainted group. In the wake of the...
More »Activists oppose forest advisory panel’s clearance of land for Kalu dam -Meena Menon
-The Hindu Shramik Mukti Sanghatana appeals to Jayanthi Natarajan not to give final nod After rejecting a proposal last year, the Forest Advisory Committee (FAC) of the Union Ministry of Environment and Forests (MoEF) has recommended clearance of land for the controversial Kalu dam in Thane district, drawing sharp criticism from activists and tribals affected by the project. A letter on Thursday to Environment Minister Jayanthi Natarajan, conveyed their "utter shock and dismay"...
More »In story of Saradha's crores, Bengal's forgotten hundreds -Madhuparna Das
-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...
More »Uttarakhand upset over eco-sensitive zone
-The Hindu Dehra Dun: The Uttarakhand Government would request the Centre to review the notification on eco-sensitive zone between Gomukh and Uttarkashi as its implementation would adversely affect all development activity and economic progress of the region. Briefing newspersons after a high-level meeting at the Secretariat here on Thursday, Chief Secretary Alok Kumar Jain said it had been decided to seek a review by the Centre after discussing the legal aspects, adverse...
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