-The Times of India There are now nearly 9 million fewer farmers than there were in 2001, the first time in four decades that the absolute number of cultivators has fallen. Census data released on Tuesday shows that while the proportion of cultivators to the total workforce has been falling steadily, this is the first time since 1971 that the number of cultivators has fallen in absolute terms. The office of the...

-The Business Standard The new findings reaffirm the trend of casualisation of labour as reflected in the recent employment survey of the Labour Bureau Union Home Minister Sushilkumar Shinde on Tuesday released the Census 2011. The data shows a 2.5 per cent increase in the number of people engaged in temporary work (jobs lasting less than three-six months). The new findings reaffirm the trend of casualisation of labour as reflected in the recent...

-The Indian Express By May 2, Sahara India Real Estate Corporation Ltd (SIRECL) has to prove the "genuineness" of all its investors to the Supreme Court. It has a difficult task on its hands: the name ‘Kalawati' figures 5,984 times on that list, same names appear against different locations, and geography takes a giant leap with ‘Jaipur Nagpur Maharashtra' and ‘187 Aurangabad Lucknow UP' mentioned as addresses. SIRECL had given the list...

-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...

-PTI Kolkata: West Bengal Chief Minister Mamata Banerjee, who has sought to blame the Centre for the chit fund scam, has claimed that the central government reduced the rate of interest in small savings to drive depositors towards ponzi schemes. "It is because the Centre has reduced the interest rates in small savings in the post office, poor people and those who have retired keep their money in these chit funds with...