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So who’s here for the tribals? by NC Saxena

Tribal communities are vulnerable not only because they are poor, assetless and illiterate compared to the general population, their distinct vulnerability arises from their inability to negotiate and cope with the consequences of their forced integration with the mainstream economy, society, and cultural and political system. The repercussions for the already fragile socio-economic livelihood base of the tribals have been devastating—ranging from loss of livelihoods, land alienation on a vast...

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Probe confirms anomalies under MGNREGS in Sonbhadra by Swati Mathur

Results of an investigation report filed by senior government of India officials have confirmed largescale anomalies in the implementation of Mahatma Gandhi National Rural Employment Guarantee Scheme (MG NREGS) in Sonbhadra district of Uttar Pradesh. The investigation was conducted in the first week of January, in response to a series of complaints filed by Sanjay Dixit, member, Central Employment Guarantee Council, in August, 2010, that pointed to widespread misuse of...

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Congress banks on Budget to stem anger over scams, prices

Corruption and inflation, the bugbears of UPA-2, dominated discussions Congress functionaries held with finance minister Pranab Mukherjee amid expectations from the party that a populist Budget would help check the negative tide against the Centre. Party leaders are hoping specifically for income tax relief for the middle class and concessions for rural populace as the budgetary antidote to the negativity post-2G spectrum scam. Mukherjee assured his party that prices would come down...

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No cap on MFI interest rates by Shishir Arya

Amidst hue and cry over micro-finance institutions (MFIs) charging the rural poor exorbitant interest rates, Reserve Bank of India norms continue to allow these entities a free hand in determining their charges. The banks lending to MFIs too continue to have full discretion in fixing their rate of interest. RBI has issued a latest master circular reiterating its earlier stand on micro-credit on February 14. Master circulars are like ready-reckoners on...

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Growth and other concerns by Amartya Sen

I was awakened early one morning recently by someone who said he was enormously enjoying my on-going debate on economic growth in India. I was very pleased that I had given someone some joy, but I also wondered what on earth he could be talking about, since I have not been involved in any such debate. As it happens, I am getting a steady stream of telephone calls and electronic...

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