A worried government has put on fast track the proposed Bill to regulate micro-lenders, as it seeks to ensure that over-regulation by states does not kill the sector that is envisaged to play a big role in furthering financial inclusion. The finance ministry could move a Bill in the winter session of Parliament that will make Nabard responsible for regulation of all non-profit microfinance institutions structured as trusts, cooperatives, or mutual...
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In the shadow of abuse, exploitation by Cordelia Jenkins & Malia Politzer
Bardani Logun sits on a plastic chair in the communal room of a hostel in Rohini, north Delhi, where she lives with her toddler, and speaks candidly about being beaten, abused and starved. She is one of countless young women from the tribal belt of India who have migrated to Delhi to find work as live-in maids, hoping to send their earnings back home to support impoverished families in Jharkhand, Orissa,...
More »Bt is only hype sans results: farmers
More hands join to support the cause of `Kisan Swaraj' and `safe food for all, sans Bt'. Adding momentum to this cause, the Kisan Swaraj Yatra reached Bangalore on Sunday. At a public meeting in the Institute of Agricultural technologists (IAT), Kodihalli Chandrasekhar, president, Karnataka Rajya Raithara Sangha (KRRS) assured that over 5,000 farmers from the state will join the yatra when it ends at Raj Ghat, in New Delhi, on...
More »'More than 50% Indian kids face sexual abuse' by Ashis Ray
In a shocking revelation, more than 50% children interviewed for a survey in India to determine the extent of violence against them said they had faced sexual abuse. In total, 12,500 school kids in 13 states between five and 18, as well as otherwise, took part in the research. The report by Plan International, a children's organization here, said India is dubiously ranked third among 13 countries in terms of estimated...
More »Delhi claims maximum of Farmers’ loan
According to the National Bank of Agriculture and Rural Development (NABARD) data on loans given out by nationalised and cooperative banks, there are more farmers doing agriculture in Delhi than Madhya Pradesh, Uttar Pradesh, Karnataka and West Bengal. The farmers in Delhi were allotted loan of Rs 22,077 crore in 2009 alone at mere 5% rate of interest, which is the second highest after agriculture-rich Punjab. Delhi’s loan disbursal amount is bizarre,...
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