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Left behind in a web of debt and poverty by Malia Politzer

The passport office in Hyderabad reported the highest number of passport applications recorded in Indian history (at least 450,000) and it expects an increase of 15-20% this year Jamuna Kunta sits stiffly in a plush red chair at the Hyderabad press club, holding her head proudly erect as she quietly recounts the events leading to her husband’s suicide in Dubai. A farmer from Karimnagar, a rural district in Andhra Pradesh, her husband...

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SKS may shut shop in Andhra Pradesh by Dinesh Unnikrishnan & Aveek Datta

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 “If the state Act is not repealed, we wouldn’t have a choice but to shut shop in Andhra and leave,” founder and chairman Vikram Akula said.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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Neoliberal illogic by Prabhat Patnaik

The class bias in government policy is clear in the decision to release a small amount of foodgrain in the open market to tackle inflation. MOST people would agree that there is a strong element of speculation underlying the current inflation and that forward trading contributes to it. Yet the government, though it has banned forward trading in certain commodities under public pressure, is curiously reluctant to see this point....

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Money for nothing. And misery for free by Rohini Mohan

IT WAS a windfall five years ago that taught Panchali Satyavva the power of a lie. It happened one Monday afternoon in Someshwar village of Nizamabad district in Andhra Pradesh. It was raining in sheets and she had just placed a bucket under the steady trickle of water from the roof of her hut. Two men were at her door, holding umbrellas and offering her an unsolicited Rs. 5,000. They...

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Enslaved by tradition: the manual scavengers of Vidisha by Mahim Pratap Singh

Over 200 families in this district of Madhya Pradesh continue to bear the brunt of caste discrimination.Vidisha, a thriving trade centre of ancient India, finds glorious mention variously for Emperor Ashoka's governorship, for featuring in Pali scriptures and Kalidasa's romantic epic Meghdoot, as a premier tourist destination in glossy brochures of Madhya Pradesh Tourism and as the parliamentary constituency of Sushma Swaraj, the Leader of the Opposition in the Lok...

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