-The Telegraph Kolkata: Chief minister Mamata Banerjee today flagged a four-member panel headed by a retired judge, a task force and an ordinance in her first comprehensive comments on the Saradha Group collapse that has triggered fears of a default contagion in Bengal. It was not clear if it was a stray remark or addressed at those seeking immediate relief for depositors but the chief minister also said that "ja gechhey ta...
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Bengal in damage control, Saradha Group bust BRIngs memories of '80s
-PTI KOLKATA: The West Bengal government has stepped in for damage control after chit fund company Saradha Group went bust reviving memories of the collapse of Sanchayita Investments in the early eighties when several investors and agents committed suicide. Sanchayita collected more than Rs 120 crore in 1980 before its offices were raided and it folded up with only a handful of people getting back a minuscule amount of money. Two main...
More »Pass the land bill: Now that consensus has been reached, don't delay it
-The Times of India The broad consensus finally reached by major political parties on the land acquisition Bill is a major breakthrough. The Bill, if passed, will BRIng transparency to the land acquisition process, help clear investor uncertainty and hopefully improve the supply of land for development. The break in the stalemate was made possible by a flexible approach of the government, which incorporated proposals of opposition parties. This is a...
More »Private players hesitant on public projects after new RTI ruling -Christin Mathew Philip & Ishan Srivastava
-The Times of India CHENNAI: The Centre's recent decision to disclose information related to public-private partnerships (PPP) to RTI applicants may throw a spanner in the works of several infrastructure projects. While RTI activists have hailed the move saying it would usher in greater accountability, private players are cold to the idea as they apprehend the use of RTI to create opposition to projects. Industrial sources said most private firms are not...
More »The crisis in our community-Nilanjana S Roy
-The Hindu "Stopping rape" isn't possible unless we change the way we tackle and think about ordinary violence Some images stay branded on your mind. The brutality visited on three young girls, before their bodies were found in a well; the pain of a five-year-old whose rapist used candles and an oil bottle to violate her further; the anger of the Dalit rape survivor in Uttar Pradesh who was told by a...
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