-The Telegraph Kolkata: Mamata Banerjee today waved at a rally photographs and newspaper advertisements that she claimed established "links" between CPM leaders and the Saradha Group and other deposit-mobilising companies, but steered clear of commenting on Trinamul's alleged connections with such entities. Addressing her first public meeting since the Saradha crisis unfolded, the chief minister did not mention if she was planning action against Trinamul leaders whose names have cropped up in...
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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 »'Jobless growth' during UPA-1, admits Centre -Rajeev Deshpande
-The Times of India Some 20 months after hotly contesting data on UPA-1's "jobless growth", the government has admitted to lack of substantial increase in employment between 2004-05 and 2009-2010, with the self-employed workforce shrinking from 56.4% to 50.7% of the total workforce. In absolute numbers, the self-employed decreased from 258.4 million to 232.7 million in this period while regular salaried workers rose from 69.7 million to 75.1 million. The ranks of...
More »The way out of the mess on road -Sujaya Rathi and Anantha Lakshmi
-The Hindu The public transport system is the most effective way of reducing the number of vehicles as well as emissions Prime Minister Manmohan Singh recently launched the National Electric Mobility Mission Plan (NEMMP), 2020 with an ambitious goal of shifting to electric propulsion for surface transport. This would reduce our dependence on diesel and petrol and lead to lower emission levels, including carbon-di-oxide emission, which is one of the major contributors...
More »Soon, all food outlets across the country to get hygiene rating -Dipti Jain
-The Times of India At his dhaba in south Delhi's Kidwai Nagar, Irfan has his cooks wash their hands before preparing dishes. Sweets are kept covered , he claims. As with most small eateries, Irfan's dhaba is not registered. Soon, outlets such as Irfan's may have to start complying with more stringent standards, with the Food Safety and Standards Authority of India (FSSAI) working on new norms on hygiene and cleanliness...
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