-The Telegraph Bengal - Defrauded Many households in Calcutta have a domestic help or a driver who has lost money by investing in Saradha schemes - a common thread that has spun a perception that the poor are the sole victims of the sham company. But Sudipta Sen's promise of high returns had blurred the divide between the haves and the have-nots as well as the educated and the uneducated. Travels across the semi-urban...
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CPM rolls up the rope-JP Yadav
-The Telegraph Meet the Merciful Marxists, never mind the Bolsheviks preferred a bullet to the head and Meera Bhattacharjee graced a public platform in Calcutta to seek the death penalty. Prakash Karat today said the CPM had decided to advocate without exception the abolition of death penalty, almost a decade after its Bengal unit led a vociferous campaign to hang teen rapist and killer Dhananjoy Chatterjee. "The central committee has decided that...
More »Why Orissa mining may not go the Goa way -Meera Mohanty
-The Economic Times Three weeks ago, when the Supreme Court reopened the iron-ore mining door some more in Karnataka, miners in Orissa breathed a Rs 50,000 crore sigh of relief. Also in the dock for some offences of a similar nature, Orissa's iron-ore miners, who produce a third of this mineral that is critical to steel, had been dreading their fate, which lay in the hands of a Central government panel. The...
More »Change in welfare plan funding pattern
-The Times of India The Centre will stop direct transfer of funds to districts or societies operating in states, and will instead provide the money to the state exchequer, having concluded that the existing system was the reason for multi-crore scams like the one in the National Rural Health Mission. The new system to put funds in the consolidated fund of states is apparently aimed at putting central funds under the scanner...
More »The great jobs disaster-CP Chandrasekhar and Jayati Ghosh
-The Hindu Business Line In much of the discussion on the turnaround after the Great Recession, attention has been focused on financial consolidation and the halting return to growth. Far less attention has been paid to the persistence of high and even rising unemployment and its sources. In the desperate search for evidence that the global recession has bottomed out and the recovery has arrived, the story told by the long-term trend...
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