-The Hindu The National Alliance of People's Movements (NAPM) has demanded that the probe into alleged irregularities in Lavasa be handed over to the Central Bureau of Investigation. In a letter to Maharashtra Chief Minister Prithviraj Chavan, the Medha Patkar-led organisation also sought an in-depth enquiry into the involvement of public servants and politicians in the “scam.” The NAPM alleged that various rules were bent to grant permission for the multi-crore hill city...
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Anna Hazare inciting people on FDI: Swami Agnivesh
-The Times of India Activist Swami Agnivesh on Saturday criticized Team Anna for provoking people against the Union Cabinet's decision to allow foreign direct investment (FDI) in retail. At a school function at Jaipur, he said Anna Hazare and his team were making "factually incorrect and irresponsible statements". "Statements with factual mistakes are preventing people from engaging in a healthy debate. People opposing FDI should discuss rather than play around with the...
More »What’s Wrong and Right with Microfinance by David Hulme and Thankom Arun
Recent events in south Asia have led to an unexpected reversal in the narrative of microfinance, long presented as a development success. Despite charges of poor treatment of clients, exaggeration of the impact on the poorest as well as the risks of credit bubbles, the sector can play a non-negligible role in reaching financial services to low-income households. In regulating the sector, there is need for caution in setting interest...
More »Food inflation cannot be tackled in generic way: Swaminathan
-The Hindu MSSRF signs MoU with Marg Limited Food inflation could not be tackled in a generic way but has to be broken down and examined commodity by commodity, said M.S. Swaminathan, agricultural scientist. After signing MoU with Marg Limited on a partnership to provide knowledge connectivity to empower rural communities, Prof. Swaminathan said it was the price of vegetables, pulses, oil seeds, potatoes, onions and fruits that were climbing up and not...
More »PDS in peril by R Ramakumar
The promotion of the PDS as an Aadhaar application would fundamentally alter its form and character. NO scheme of the Indian government would be transformed more fundamentally by Aadhaar than the public distribution system (PDS). The nature of this transformation appears to be taking the form of a virtual dismantling of the PDS; even if a skeletal fair price shop (FPS, or ration shop) system continues to exist, it is likely...
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