The earlier draft covered only non-NBFC MFIs incorporated as trusts and non-governmental organizations that constitute a very small part of the total industry The proposed microfinance Bill for governing India’s Rs. 22,000 crore microlending industry is set to give more teeth to the Reserve Bank of India (RBI) to regulate larger microfinance institutions (MFIs). This will be done by removing such entities from the purview of laws enacted by state governments...
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From cradle to grave by S Dorairaj
In Tamil Nadu, untouchability is so deep-rooted that there are separate burial spaces for Dalits and upper castes even in some urban pockets. “Samarasam ulavum idame Nam vaazhvil kaanaa Samarasam ulavum idame… Jaathiyil melor enrum Thaaznthavar keezhor enrum bethamillathu Ellorum mudivil serndhidum kaadu Thollai inriye thoongidum veedu Ulaginile ithuthaan Nam vaazhvil kaanaa Samarasam ulavum idame…” (Here, in this place pervades equality Which one could not have seen ever in one's lifetime! Steering clear of caste discriminations Such as the high, the low and...
More »In two voices by Venkitesh Ramakrishnan
Recent actions of some senior BJP leaders hint at an understanding between the Congress and the main opposition at the leadership level. THE Bharatiya Janata Party's (BJP) credentials and commitment as the principal opposition party of the country have been repeatedly questioned in the past seven years, the period in which the Congress-led United Progressive Alliance (UPA) has held the reins of power at the Centre. Recent developments in Parliament...
More »Co-op banks must reach out to more farmers: MP
Stating that about 70% of the farming community in the country is still out of the reach of banks, MP Pralhad Joshi said co-operative banks should try to bring more farmers under the banking network, thereby giving a boost to the agricultural sector. Speaking at the 75th anniversary celebrations of Hubli Primary Co-Operative Agriculture and Rural Development Bank here on Sunday, he said whatever financial facility the government is extending towards...
More »Dalits and a Lack of Diversity in the Newsroom by J Balasubramaniam
This article explores the issue of dalits’ inclusion in the media industry. It argues that under-representation of dalits in Indian media leads to an exclusion of news on dalits. [This was presented in the “National Conference on Ethical Issues and Indian Media” held on 26 and 27 November 2010 and in Periyar University, Salem, Tamil Nadu.] [J Balasubramaniam (balumids@gmail.com) is with the Department of Journalism and Science Communication, Madurai Kamaraj University.] The basis...
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