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Saradha chit fund mess: Quick-rich dreams lie crushed -Krishnendu Bandyopadhyay

-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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Development at the cost of farmers-BS Satish Kumar

-The Hindu Bangalore: Byatarayanapura Assembly constituency that was carved out from Yelahanka ahead of the previous Assembly elections has become a hot destination for real estate developers. Its proximity to the international airport and the six-lane highway that passes through this constituency providing smooth connectivity to the central parts of the city have put real estate development on a fast track here. But this has unleashed its ugly impact as real estate...

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A question of proportion

-The Hindu If a citizen applies to the government for security cover, is the latter bound to oblige him even if he is the country's most wealthy individual? The short answer is yes, provided the government finds the threat credible. Why then has the decision to accord Mukesh Ambani ‘Z' category security - which is second only to the ‘Z-plus' protection accorded to such VVIPs as the Prime Minister, the President,...

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What the govt balance sheet shows-The words and deeds

-The Telegraph Kolkata: Chief Minister Mamata Banerjee today flagged a four-member panel headed by a retired judge, a task force and an ordinance in her first comprehensive comments on the Saradha Group collapse that has triggered fears of a default contagion in Bengal. It was not clear if it was a stray remark or addressed at those seeking immediate relief for depositors but the Chief Minister also said that "ja gechhey ta...

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Money-or-poison plea to Mamata

-The Telegraph West Bengal: An agent of the Saradha Group fell ill in Siliguri today after a three-hour demonstration while investors hit the streets with placards asking the Chief Minister to give them back their money or provide them with poison. Dinabandhu Pal, who had collected Rs 16 lakh for the Saradha Group, was admitted to Siliguri subdivisional hospital after he complained of palpitation in front of Siliguri police station. His wife...

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