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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...

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Land lease is an idea whose time has come-NC Saxena

-The Business Standard It will make the coercive powers of the land acquisition law irrelevant, though including it in the central Bill would be unconstitutional The proposal to amend the central Land Acquisition Bill to provide for leasing of land rather than acquiring it is just not constitutionally feasible. Land is a state subject and the Centre cannot legislate on leasing at all. But as an idea it is great and should...

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Tripura, Kerala open the door for women in panchayats -Anuja and Liz Mathew

-Live Mint The experience of Kerala and Tripura shows how panchayati raj can help in the empowerment of women Chulubari (Tripura)/Kanjikuzhy (Kerala): Her relatives warned Hena Das, a resident of Chulubari in Tripura, against taking up political office because it wasn't "meant for women". Das disregarded the warnings. Two years on, she has no regrets. She also has no male colleagues; her fellow representatives on the board of an 12-member panchayat are all...

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Rain and gale dash mango farmers’ hopes -Rajulapudi Srinivas

-The Hindu   Heaps of fruit lay scattered in many orchards in Krishna district KEERTIRAYANIGUDEM (KRISHNA DT.): Farmers have expected a ‘windfall' and consumers are eagerly waiting for the ‘king of fruit' to enter the market. But, Saturday's rain and gale dashed the hopes of one and all. Farmers, however, were the worst-hit. The early morning activity in the mango orchards in the Central and Western Krishna district on Sunday reflected the extent of damage...

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Cash transfer of subsidy could save Rs 60,000 crore: Study -Surojit Gupta

-The Times of India Direct transfer of benefits in cash to targeted beneficiaries of food and fertilizer subsidies could save an estimated Rs 60,000 cr and help trim the fiscal deficit which, in turn, may calm stubbornly high food inflation, a study by a government wing has shown. The study showed that policies to rein in food inflation would require winding down of the fiscal deficit, which has gone above 8% of...

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