-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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Accidents up as DTC fleet driven dangerously -Rumu Banerjee
-The Times of India NEW DELHI: With 9,787 regular and 4,447 contract drivers on its payroll, Delhi Transport Corporation has one of the largest resource pools in the city. Unfortunately, these drivers are calling attention to the corporation for all the wrong reasons. Since 2011, the number of accidents involving DTC buses has steadily gone up with a corresponding increase in fatalities. Complaints of rash driving have been pouring in, prompting frequent...
More »Madhya Pradesh to recognize live-in relationships -Manjari Mishra
-The Times of India JABALPUR: Live-in relationships are set to get official sanction in Madhya Pradesh. The final draft of Women's Policy 2013-2017, submitted to the state government for a formal nod, protects legal rights of live-in partners. Coming as it does just months before the state goes to polls, the draft policy provides for free legal aid for rape victims apart from offering sops to women like two years of...
More »PM says unauthorized deposit collection has to be curbed
-The Times of India Prime Minister Manmohan Singh said on Saturday that unauthorized collection of deposits promising high returns has to be curbed as the Centre unleashed a multi-agency probe on chit funds and money pooling firms in West Bengal and the eastern region. Rattled by the collapse of the Saradha group in West Bengal, the Centre has asked various agencies such as the Enforcement Directorate (ED), Income Tax department, the ministry...
More »Darkness right under Nitish’s nose: Village that has never seen power-Anand Raj
-The Telegraph YOGAPUR (Patna): Chief minister Nitish Kumar wants "light" in every household but there is darkness right under his nose. Barely 30km off Patna, Yogapur's inhabitants - mostly Mahadalits, Dalits and backward classes whom Nitish has tried his best to empower - have never seen power (electricity) in their village. The chief minister has vowed not to seek votes in the 2015 elections if his power dream tripped. But, it seems, there...
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