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India Microcredit Faces Collapse From Defaults by Lydia Polgreen and Vikas Bajaj

India’s rapidly growing private microcredit industry faces imminent collapse as almost all borrowers in one of India’s largest states have stopped repaying their loans, egged on by politicians who accuse the industry of earning outsize profits on the backs of the poor. The crisis has been building for weeks, but has now reached a critical stage. Indian banks, which put up about 80 percent of the money that the companies...

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India to emulate Gujarat in mother-child health tracking

The country is set to emulate Gujarat in tracking pregnant women and children on a continuing basis through a constant monitoring of their health, nutrition and immunisation profile. Twenty-three officials of health and family welfare departments and National Informatics Centre (NIC) from eight states are participating in a three-day training workshop to familiarise themselves with the Gujarat Model of what is now popularly known as 'E-Mamta', an official spokesperson said here...

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Displacement

KEY TRENDS   • Section 105 of the Right to Fair Compensation and Transparency in the Land Acquisition, Rehabilitation and Resettlement Act, 2013, which provides for excluding 13 Central legislation, including Land Acquisition (Mines) Act 1885, Atomic Energy Act, 1962, Railway Act 1989, National Highways Act 1956 and Metro Railways (Construction of Works) Act, 1978, from its purview, has been amended for payment of compensation with rigours $ • The amendments have now...

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Why the UID number project must be scrapped by Gopal Krishna

Activist Gopal Krishna makes a case that the Unique Identification Number project is a gross violation of fundamental human rights and points out that a similar project/law in Britain is going to be repealed. This is with reference to a privacy invasion project which is relevant to India and all the democratic countries of the world. The very first bill that is to be presented by the UK's new coalition...

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Peasants in India by D Bandyopadhyay

In India peasantry is under assault. There is a five-pronged attack on this class and the mighty Indian state is sometimes an active and sometimes a passive abettor. The first point of attack is from the corporate sector. The corporate sector is in a land grab mode. Though not justified, one could understand their urge to get land for industry and real estate purposes. Not that they are causing aggressive...

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