-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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Activists oppose forest advisory panel’s clearance of land for Kalu dam -Meena Menon
-The Hindu Shramik Mukti Sanghatana appeals to Jayanthi Natarajan not to give final nod After rejecting a proposal last year, the Forest Advisory Committee (FAC) of the Union Ministry of Environment and Forests (MoEF) has recommended clearance of land for the controversial Kalu dam in Thane district, drawing sharp criticism from activists and tribals affected by the project. A letter on Thursday to Environment Minister Jayanthi Natarajan, conveyed their "utter shock and dismay"...
More »Law mooted to curb misuse of SC/ST funds-Divya Trivedi
-The Hindu To bridge the gap in development between the Scheduled Castes and Scheduled Tribes and non-SCs and STs, a coalition of more than 150 organisations is demanding a national law to prevent, once and for all, the diversion, non-release, non-implementation and lapsing of the Special Component Plans for SCs/STs. In response to the coalition's longstanding demands, the National Advisory Council's guidance and the letter Sonia Gandhi wrote to the Prime Minister...
More »The fall of Saradha group revives old ghosts of ponzi schemes going bust -Atmadip Ray
-The Economic Times For many, it is a sense of deja vu. Fifteen years ago, the government and India's financial regulators came under fire after hundreds of crores were cleaned up by a few individuals and entities from gullible investors, who were promised fabulous returns from plantation schemes. In the uproar that followed, the government and the regulators sought to palm off the responsibility of regulation of such schemes on each...
More »Ensure the accused are not brought before the victim, urge activists-Bindu Shajan Perappadan
-The Hindu Demanding that the police ensure that the accused in the recent sexual assault of the five-year-old girl not be brought before the child in any manner and that the provisions of the Protection of Children from Sexual Offences Act, 2012, (POCSO) be followed strictly, child rights activists and non-government organisations working in the area have now written to the Delhi Police in the matter. In a letter written to the...
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