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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Bhushan Sr: Prefer jail to saying sorry by Dhananjay Mahapatra
Provoked by the reiteration by Supreme Court of its offer to drop the contempt charge against Prashant Bhushan if he apologised for levelling allegations of corruption against the judiciary provoked his father Shanti Bhushan on Wednesday to repeat the contemptuous charges. He would rather go to jail than seek apology, declared Bhushan senior, former Union law minister. The senior Bhushan spoke out of turn, brushing aside repeated requests from a Bench...
More »Attappady land to be restored to tribes
The Cabinet on Wednesday decided to restore the tribal land allegedly encroached by a windmill company at Attappady in Palakkad district. Those who fabricated documents for facilitating the encroachment would be prosecuted. The Cabinet also decided to institute a comprehensive Vigilance inquiry into the alleged involvement of officials of various departments in the alienation of the tribal land. Briefing the media on the Cabinet decisions, Chief Minister V.S. Achuthanandan said the inquiry...
More »Muslim women face multiple discrimination: AIDWA by Parvathi Menon
“Practice of triple talaq discriminatory and unjust towards the wife, against constitutional principles, and contrary to Islam” “The triple talaq is a sword hanging over the heads of married Muslim women,” said Sehba Farooqui, secretary of the Delhi State Unit of the All India Democratic Women's Association, in her introduction to the resolution on the practice of triple talaq passed by the 9th national conference of the organisation on Wednesday....
More »Miners may have to pay for the project-hit from day 1 by Subhash Narayan
Mining companies will have to start paying compensation to project-affected people right from the day a mining block is allocated to them and not when they start generating profits, a proposal that will further sweeten the deal for those who lose their land to industrialisation, but stoke more protest from miners. Once the project starts making profits, the displaced families will be provided an annuity income from the net income, but...
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