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Stop get-rich-quick schemes from making innocent people poorer

india Updated: Apr 23, 2013 21:15 IST

Stop get-rich-quick schemes from making innocent people poorer

The recent collapse of the Saradha Group chit fund company in West Bengal is a matter of shame for a nation that claims to be marching towards inclusive economic growth (Caught in desi ponzi schemes, Our Take, April 23). Despite witnessing many frauds by registered and unregistered chit fund companies in the past, little has been done by the government to either regulate them or prevent them from duping innocent people of their hard-earned money. It is time India had a proper system in place to regulate and monitor agencies that run chit funds.
Ram Lal, via email

Establish the notion of equality

The report 3 more rapes in city as protests continue (April 22) indicates that Delhi has become a crime-prone area. The government and police are responsible for the increase in such cases, as are insensitive citizens. How many of us extend a hand to someone who is in distress? Stringent laws may not be of help if people do not abide by them. Such laws may not deter a seasoned criminal. Reforms have to start at home. An atmosphere of mutual respect will go a long way in inculcating the notion of equality in the minds of young boys and men.
Abdul Monim, via email

Union home minister Sushilkumar Sinde and Delhi Police commissioner Neeraj Kumar should take moral responsibility for the frequent crimes against women in the Capital and relinquish their posts as both have proved to be ineffective in controlling crimes and protecting citizens. All that the cops appear to be doing is protecting politicians, leaving the public to fend for themselves.
Sudhakar GS, Mumbai