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Chhattisgarh shows the way by Jean Dreze and Reetika Khera

India's Public Distribution System (PDS) has been in a bad shape for decades, often thought to be beyond repair. Recent experience, however, suggests otherwise. Political will, increased transparency and community participation have led to an amazing revival of the PDS in Chhattisgarh though the state has only shown contempt for people's rights in other contexts… Somehow, the PDS became a political priority in Chhattisgarh and a decision was made to turn...

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Microfinance: What's wrong with it by M Rajshekhar

The poster boy of microfinance is now seeking some anonymity. In Andhra Pradesh, the epicentre of the worst crisis faced by microfinance in India, SKS Microfinance is playing down its identity and going into preservation mode. At its modest office in a residential colony in Warangal district, India’s largest microfinance company has taken down its board. At its head office in upmarket Begumpet in Hyderabad, it hung a cloth mesh...

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SKS Microfinance threatens to sue over loan repayment

Leading micro-lender SKS Microfinance today hinted that it could move the courts if the recent Andhra Pradesh notification prohibiting collection of loan repayments on a weekly basis is not withdrawn.The notification stipulated that the periodicity of repayment by self-help group (SGH) members to MFIs should not be less than a month, even under existing loan agreements.However, microfinance institutions operating in the state have railed against the move."In the event the...

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Tribals to be trained in bee keeping by R Sairam

The Khadi and Village Industries Commission (KVIC) and Dindigul police have undertaken a joint initiative to create employment opportunities for tribals, especially women, in the Kodaikanal region. The initiative is aimed at ensuring that the tribals do not support anti-social elements or Naxalites due to lack of sustainable livelihood. The KVIC is also expanding this initiative in southern districts such as Theni and Kanyakumari, K. Krishnaswamy, Director, KVIC Madurai Division, told...

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Need to regulate microfinance institutions: AIDWA by Parvathi Menon

Among the several resolutions passed on Thursday by the 9th conference of the All India Democratic Women's Association (AIDWA) in Kanpur, one of the most important ones was on the need to regulate microfinance institutions (MFIs), which are exercising an iron grip on poor women debtors in several States of the country. The resolution drew attention to the “spate of suicides as a result of the harassment and strong-arm tactics employed...

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