-AP The microfinance industry pursued a path of rapid business growth in recent years; two investigations now link it to debtor suicides First they were stripped of their utensils, furniture, mobile phones, television sets, ration cards and heirloom gold jewellery. Then, some of them drank pesticide. One woman threw herself into a pond. Another jumped into a well with her children. Sometimes, the debt collectors watched nearby. More than 200 poor, debt-ridden residents of...
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Centre's initiative to provide livelihood for tribals in naxal-affected areas by K Balchand
Foundation to be set up with a corpus fund of Rs. 500 crore The Centre is in the process of setting up a foundation with a corpus fund of Rs. 500 crore to provide a livelihood to tribals in about 900 blocks, spread over 170 districts of nine States, to strengthen its anti-naxalite campaign. The latest proposal, evolved jointly by the Ministry of Rural Development and the Planning Commission, envisages a concerted...
More »Kudankulam nuclear power plant set to roll in six weeks by Rajeev Deshpande
The controversy-hit Kudankulam nuclear power plant in Tamil Nadu is set to be operationalized, with its first 1,000mw unit to be opened soon as the project's safety audits have been completed and local resistance now reduced to a few hundred protesters. While the report of the expert group set up by the Tamil Nadu government is awaited, the state government is more supportive of the project being commissioned and the Centre's...
More »Street lighting case: City court to frame charges against six by Jayant Sriram
A Delhi court will frame charges on March 1 against six persons, including four MCD officials, for their alleged role in the Commonwealth Games (CWG) street lighting scam. One of the 10 Games-related scams being probed by the CBI, it caused a loss of about Rs 1.5 crore to the government. In an order issued on Friday, Special CBI Judge Pradeep Chadha said that prima facie, a case was made out...
More »Poverty high in south, north of Odisha: Report
-Pragativadi The extent of the poverty in southern and northern region of Odisha is still high and remains a matter of concern even as the poverty percentage points reduced to 29.69 per cent. According to the Odisha Economic Survey, 2011-12 report, even after sixty-four years of independence, Odisha has witnessed wide regional and social disparities in development. All regions have not developed uniformly so far. The annual report, which was circulated in the...
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