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A cut above the rest, MFIs in East ease borrowers’ pain by Atmadip Ray

Amid the heat and dust over high interest rates charged by microfinance institutions and reports of coercive recovery methods by some lenders in Andhra Pradesh, MFIs in eastern India are trying to strike a more cordial note with borrowers by lowering interest rates. At least three MFIs based out of Kolkata are on the verge of slashing lending rates by nearly 500 basis points to 19.1% per annum, on reducing balance...

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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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Can government clean Ganga?

Few will take very seriously the undertaking given by the government in the Supreme Court that River Ganga will be pure and free of pollution by 2020. Similar commitments were made to the public 25 years ago when, in 1985, the Ganga Action Plan (GAP) to clean this most treasured of the sub-continent’s rivers was launched. Even after spending several thousand crores of rupees on the project, the Ganga is...

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Controversy over malaria estimates reveals sickness in health infrastructure by Aman Sethi

All epidemiological data in Chhattisgarh are ‘guesstimates' Underestimation of malaria mortality figures Public hospitals ill-equipped to handle severe cases Last week, the medical journal Lancet published the results of a malaria survey undertaken by researchers as part of the Million Deaths Study, an ambitious programme that strives to document the causes of nearly one million deaths in India from the period 1998 to 2014. As per the survey 2,05,000 Indians die of malaria every...

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Small holdings threat to farm sector growth by Arvind Singh Bisht

The pattern of land distribution has rendered rural landscape of UP disfavourable for farming. The precursor for this is the fragmentation of cultivable land into a large number of `small landholdings'. The process set under the demographic pressure, has caused marginalisation of a vast majority of farmers and posed a severe challenge to the prospects of rural economy and the growth of agriculture in future. Going by the official figure, UP...

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