-The Pioneer Three more debt-ridden farmers committed suicide in Kerala in 24 hours till Monday morning taking the total number of farmers ending life due to financial problems in the past two weeks in the State to seven. Farmers Kunhikrishnan (50) and KK Joseph (48) of Wayanad district committed suicide by hanging while Chandran of Palakkad district ended his life by consuming poison. All of them had pending repayments of huge loans...
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What’s Wrong and Right with Microfinance by David Hulme and Thankom Arun
Recent events in south Asia have led to an unexpected reversal in the narrative of microfinance, long presented as a development success. Despite charges of poor treatment of clients, exaggeration of the impact on the poorest as well as the risks of credit bubbles, the sector can play a non-negligible role in reaching financial services to low-income households. In regulating the sector, there is need for caution in setting interest...
More »Reviving Universal PDS: A Step Towards Food Security by Suranjita Ray
An unprecedented economic growth during the last decade has also seen increasing malnutrition, hunger and starvation amongst certain sections of society. India ranks 66 in the Food and Agriculture Organisation’s (FAO’s) World Hunger Index of 88 countries (Inter-national Food Policy Research Institute). More than 200 million people in this country are denied the right to food. One-third of all underweight children (57 million) in the world due to lack of...
More »Another farmer suicide in Burdwan by Debajyoti Chakraborty
Safar Ali Mollah, 18, a paddy farmer, committed suicide by drinking pesticide at Kalitikuri village under Bhatar police station area on Friday night. Only three days ago, Bhabani Porel (45), paddy farmer of Chanduli village under Burdwan Sadar Police Station area committed suicide by hanging from a tree. Safar was unable to sell paddy crop at the Minimum Support Price (MSP) stipulated by the state government which landed him in a...
More »Justice Markandey Katju clarifies
-The Hindu Justice Markandey Katju, Chairman, Press Council of India, has issued the following clarification on his critical observations of the Indian media. I have expressed my views relating to the media in several T.V. interviews I gave as well as in my articles in some newspapers. However, many people, including many media people, wanted clarification and amplification of some of the issues I had raised. Many media people (including several T.V. channels)...
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