-The Indian Express Kolkata: AMONG the 6.25 lakh complaints received by Justice Sen Commission, which has been set up by the West Bengal government to inquire into the Saradha Group and other chit fund scams and also to look into ways to return money to investors, many have been submitted by people from other states where the firms were operating. "Since the West Bengal government is the only state government that has...
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First youth from Chola Naikkar tribe poised to go to college-Krishnadas Rajagopal
-The Hindu Kozhikode: Given a choice between pursuing his dream of becoming an officer in the Indian Police Service and the Chola Naikkar's traditional hunter-gatherer way of life, 18-year-old Vinod C. says he would have chosen to follow the footsteps of his forefathers. But he cannot. Over the years, the hunters have become the hunted. "Trees are cut, wild animals attack our tribes and there is scarcity of food. We feel cornered. So...
More »Don’t play politics with cooperative societies, Supreme Court warns States-J Venkatesan
-The Hindu Supersession only in exceptional circumstances, not for extraneous considerations The Supreme Court on Thursday decried the tendency of State governments superseding elected cooperative societies for political or extraneous reasons. "Supersession of an elected managing committee/board is an exception and [can] be resorted to only in exceptional circumstances," said a Bench of Justices K.S. Radhakrishnan and Dipak Misra. Sending a warning to the States, the Bench imposed Rs. 1 lakh in costs...
More »DBT scheme to be launched in 20 districts-Sujay Mehdudia
-The Hindu It is likely to be extended to entire country from October The Petroleum and Natural Gas Ministry on Wednesday announced that the Direct Benefit Transfer (DBT) scheme for the LPG consumers, putting subsidy cash directly into the account of beneficiaries, would be launched in 20 districts with high Aadhaar card penetration from June 1. The scheme is likely to be extended to the entire country from October this year. However, the...
More »Banks suppressing alerts on suspect dealings: RBI probe-Josy Joseph
-The Times of India NEW DELHI: An investigation by the Reserve Bank of India (RBI) into allegations of money laundering by private banks has found large-scale violations ranging from huge cash deposits without PAN to dummy numbers. The probe report, a copy of which is available with TOI, shows that three private players - HDFC Bank, ICICI Bank and Axis Bank - had also hugely suppressed alerts generated by their system on...
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