-Outlook Mumbai: Asking micro-lenders to look at only a "reasonable profit" to sustain their business while serving borrowers at the bottom of pyramid, RBI Governor Raghuram Rajan has said that one should not think of making a fortune while serving poorest of the poor. The comments come in sharp contrast to management guru late CK Prahalad's views in his book The Fortune at the Bottom of the Pyramid. The concept of the fortune...
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'Robbed' of loan waiver, Tulluru farmers wary of land pooling
-The Times of India VIJAYAWADA: Farmers in the proposed Andhra Pradesh capital region are putting up a strong resistance to the AP government's plans of land pooling as many of them were recently declared ineligible for farm loan waiver. According to the initial lists of beneficiaries circulated in local banks, a majority of farmers in the region were declared ineligible for loan waiver thanks to new restrictions imposed by the government. For...
More »Telangana's Shocking Statistics: 350 Farmer Suicides in Five Months South -Zoya Anna Thomas
-NDTV Hyderabad: New state Telangana's first ever Budget session begins today with some bleak statistics on the table. Nearly 350 farmers have committed suicide in the five months since the state came into being on June 2 this year. Finance Minister Etala Rajender will present the Budget in the Assembly today. The opposition will arrive in the House ready to attack the Telangana Rashtriya Samiti or TRS government on farmers'...
More »Farming community loses all hope -T Karnakar Reddy
-The Hindu NALGONDA - THOTAPALLI (KARIMNAGAR DT) (Telengana): Nearly 330 ryots end lives since September 20. Already in debts, the delayed monsoon forced the 28-year-old Janganaboina Paramesh to sow cotton seed twice but they did not sprout due to extended dry spell. As the tragedy of farmers committing suicide due to crop failure stares the five-month-old Telangana government, the gruesome tales continue to haunt villages across the State. Nearly 330 farmers were...
More »Supreme Court issues notice to Gujarat govt on farmers suicide case
-The Indian Express Gandhinagar: Acting on a petition that, among other prayers, seeks compensation of Rs 5 lakhs for the families of 692 farmers who reportedly committed suicide in Gujarat between January 2003 and October 2012, a bench of Supreme Court issued notice to Gujarat Government directing it to file reply in four weeks. The petitioner group has been identified as Citizens Resource & Action Initiative (CRANTI). It had earlier,...
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