what is a syndicate ?
name some syndicates in Howrah, West Bengal.
Answers
Answer
When the then Left Front government brought in ‘syndicates’ in 2006, it was an effort to address unemployment in a satellite town of Kolkata.
The government was then developing Rajarhat Newtown and the syndicates — composed of youth from families that had lost land for the project — were to supply construction material to builders.
Over time, however, the syndicates have metamorphosed into organised corruption and extortion rackets with a presence in every sphere of life in West Bengal — mainly in the construction and manufacturing sectors.
Answer:
A syndicate is a self-organizing group of individuals, companies, corporations or entities formed to transact some specific business, to pursue or promote a shared interest
Explanation:
A R M Branch..
Amtala
Anandapur