Prashant Bhushan seeks CBI probe into financial irregularities Scrap power purchase agreement with State government Land acquisition orders served on 46 villages The Narmada Bachao Andolan (NBA) has urged Prime Minister Manmohan Singh not to reverse the stop-work order imposed by the Ministry of Environment and Forests on the construction of the Maheshwar dam for “non-compliance” of various norms. The dam is being built by S. Kumars group in Madhya Pradesh. Addressing a joint...
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A lawyer-turned-farmer's inspiring story
He dreamt of becoming a successful lawyer. Hailing from Jalgoan, it isn't surprising that his career was destined to be elsewhere. Today, 40-year old Hemchandra Dagaji Patil has no regrets. "The black coat beckoned me. I used to imagine myself in court rooms but finally my father persuaded me to stay back in the village as there was a drop in crop yield and there was no one to look after the...
More »Dr Arvind Virmani, Affiliate Professor (& Distinguished Senior Fellow), George Mason University (School of Public Policy-CEMP), and Executive Director, IMF interviewed by TCA Srinivasa-Raghavan
Given a positive regulatory environment, banks and other financial intermediaries will certainly be interested in using the smart card opportunity. Dr Arvind Virmani, with a Ph.D. from Harvard and 30 years of professional experience, is one of the most valued economists in the Government. Before he retired as Chief Economic Advisor in 2009, he had served in the Finance Ministry and the Planning Commission. A researcher par excellence, his research papers...
More »Experts warn Africa must learn from India's microfinance problems by Teo Kermeliotis
It has been lauded as one of the most promising ways of using the market to reduce poverty and boost economies in some of the world's most deprived areas. But in recent months the work of microfinance institutions (MFIs), which provide small loans to poor people with no access to traditional banking services, has come under scrutiny after a spate of suicides in the Indian province of Andhra Pradesh was linked...
More »Farmers feel left out by Latha Jishnu & Jyotika Sood
The budget is more concerned about the consumer than the grower A LOOMING food crisis in the world and high food inflation rates at home made Pranab Mukherjee’s proposals to boost agriculture in his 2011 budget more keenly watched than usual. These are factors that clearly weighed with the finance minister who repeatedly said that his principal concern this year has been the continuing high food prices. The squeeze on the...
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