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Haves and have-nots, chained by loss-Sanjay Mandal

-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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CAG report shows why food security will be a disaster-Vivek Kaul

-Firstpost.com On 7 May, the Comptroller and Auditor General (CAG) of India presented to Parliament a Performance Audit of Storage Management and Movement of Foodgrains in Food Corporation of India. This report has gone largely unreported in the media, given that it does not contain any big number running into lakhs of crores like previous reports of the CAG did. But it clearly explains why the government of India is in no...

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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...

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What explains Mamata Banerjee's pregnant silence in railway scandal

-The Indian Express As the Central Bureau of Investigation (CBI) zeroes in on appointments made during the tenure of the Trinamool Congress in the railway Ministry to understand the process of top level appointments, political circles are abuzz about Mamata Banerjee's unusual silence over the case of bribery in railways. Except for a statement by party spokesman Derek O'Brien on the day the news broke, the TMC has remained uncharacteristically oblivious of...

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Centre approves Rs 511 crore for drought, flood-hit Rajasthan, Nagaland and Arunachal Pradesh

-The Economic Times An Empowered Group of Ministers (EGoM) on drought, headed by Agriculture Minister Sharad Pawar, on Wednesday approved Rs 511-crore assistance for Rajasthan, Nagaland and Arunachal Pradesh - the states affected by floods and droughts in 2012. Further, an additional grant of Rs 256 crore was given to Maharashtra for rejuvenation of orchards. However, the high-level committee didn't take a decision on extending the duty-free import of oil cakes for...

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