SKS Microfinance Ltd on Thursday said it may downsize operations and even “shut shop” in Andhra Pradesh, which accounts for a quarter of its business, if the southern state retains its recent Act governing microcredit operations. “If the state Act is not repealed, we wouldn’t have a choice but to shut shop in Andhra and leave,” founder and chairman Vikram Akula said. India’s largest and only listed microfinance institution (MFI) would not,...
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UP farmers reap a bitter harvest by Samarth Saran
Roza Mandi, the biggest grain/paddy market in Shahjahanpur distrtict of Uttar Pradesh, is always bustling with traders, farmers and mill owners. However, there is one spot in the market where there is not much activity. And that is the government procurement centre, where farmers are supposed to sell their crops. Amrish Tiwari, a farmer from Shahjahanpur, harvested 1,000 quintal of paddy crop this season. Considering he should have sold around 850...
More »Centre revises minimum daily wage under MGNREGS: Hooda
cThe Centre has revised the minimum daily wage under its flagship programme of Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) for all the states, Haryana government today said. As per this decision, the MGNREGA workers in Haryana would now get daily wage at the rate of Rs 179 with effect from January 1, 2011, a statement quoting Chief Minister Bhupinder Singh Hooda said here. The revised wage rate of...
More »Wayanad tribals are soft targets for sterilisation by Shahina KK
JANAKI KNOWS well that it is hard for her to rear more than four children. Yet she is not willing to go to the sterilisation camp. Her husband would be of no help in taking such a decision. “He drinks heavily, beats me up every day,” she says. Janaki is not able to express her fears in clear terms, but it is difficult to imagine her summoning up the courage...
More »India's silent epidemic by Ananthapriya Subramanian
Thousands of children and women die every year in India due to lack of access to basic healthcare. Why is it that, in the Mecca of medical tourism, the poor continue to be denied the right to health? A national television channel had a 30-minute special recently on how private hospitals are denying free medical treatment to poor patients. Under a quota, private hospitals are expected to provide medical treatment...
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