This refers to Rajesh Mahapatra and Avijit Ghosal’s article Wine, women and a cheat fund (The Big Story, April 28). One wonders why no action was taken against the Saradha Group despite the fact that the Securities and Exchange Board of India (Sebi) had started a probe against it in April 2010.india Updated: May 04, 2013 23:46 IST
The nation loses while crooks gain
This refers to Rajesh Mahapatra and Avijit Ghosal’s article Wine, women and a cheat fund (The Big Story, April 28). One wonders why no action was taken against the Saradha Group despite the fact that the Securities and Exchange Board of India (Sebi) had started a probe against it in April 2010. The Supreme Court should now take suo motu cognisance of the fraud and immediately set up a team to investigate the matter. Those involved in the scam, including Trinamool Congress leaders who shared proximity with Saradha owner Sudipta Sen and let the company flourish, should be given exemplary punishment and efforts should be made to help small investors recover their savings. We must realise that the politician-businessmen nexus is detrimental to the country’s economy and democratic process. DR Gulati, via email
Get the right man for the right job
With reference to the article Oops, your slip is showing (Chanakya, April 28), it is sad, though not new, that sycophancy and loyalty have always been given preference over competence in the Congress. But it is time the Congress realised that by compromising on meritocracy the party is jeopardising its own chances in the 2014 Lok Sabha polls. From reading out the names of rape victims to suggesting that rapes happen all over India, Sushilkumar Shinde has time and again showed that he is not cut out for the post of home minister. In fact, there are many ministers who have done more damage than good to the Congress. Given the increase in public anger against the political class, there’s an urgent need to evolve a meritocratic system of governance. Gulshan Kumar, via email
The Congress has many articulate ministers like P Chidambaram, Kapil Sibal and Salman Khurshid in the senior lot and Sachin Pilot, Milind Deora and Jyotiraditya Scindia in the younger lot. But one fails to understand why the party relies on politicians like Shinde. It’s time the Congress gave die-hard sycophants a break and got the right man for the right job. Abhijit Ray, via email
Inculcate some financial literacy
With reference to Manas Chakra-varty’s article From trust to dust, (Loose Canon, April 28), it is sad that those who have been duped of their money in the Saradha chit fund scam are mainly poor people from villages and small towns. There’s no doubt that those found guilty in the scam should be punished. But one cannot deny the fact that these people were duped by their agents because of lack of financial literacy and investor awareness. According to a report by a credit card company, Indians are among the least financially literate people in the world. Given this, the government must empower people with financial literacy.
Uttam K Bhowmik, via email
The force is not with you
This refers to Indrajit Hazra’s article Stop, Police! (Red Herring, April 28). the gross mishandling of the public outrage over the December 16 gang rape shows that the police, which is the entry point to the criminal justice system, is ill-equipped and under-trained. To reform the police force effectively, we need to adopt a bottom-up approach — from freeing the recruitment process of corruption to holding individual cops and law enforcement agencies accountable.
CP Chinda, via email
He left behind a just legacy
With reference to Karan Thapar’s article The eyes have it (Sunday Sentiments, April 28) throughout his career as a jurist, JS Verma pronounced judgments that were progressive. His contributions to the issue of women’s welfare will ensure that he lives on in the nation’s heart.
Ahrar Husain, via email
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