The issue of acquiring farmland for industry is threatening to jolt West Bengal's Left Front, the world's longest-running democratically elected Communist government, says Sumit Bhattacharya A confidential digital map shows exactly how many land owners had taken the compensation, how many had taken partial compensation, and how many had refused to part with their land for the botched Tata Nano plant in Singur, West Bengal. The map -- based on Global...
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Ban sale of smokeless tobacco, Manmohan urged
India has the most oral cancer patients in the world Tobacco-chewing is a major cause Directors of 17 regional cancer centres in the country have written to Prime Minister Manmohan Singh, urging him to bring in a ban on smokeless tobacco products, including gutka and pan masala. India has the highest number of oral cancer patients in the world. According to a press release issued by the Chittaranjan National Cancer Institute (CNCI) here,...
More »Is Rajasthan Government Selling Farmers’ Interests? by Bharat Dogra
DEALS WITH MULTINATIONALS AND OTHER BIG AGRIBUSINESS COMPANIES A wide range of farmers’ organisations, Gandhian organisations, people’s movements and NGOs have united to oppose a series of disturbing agreements which the Rajasthan Government reached with various multinational and other agribusiness companies including Monsanto. These agreements, which greatly increase the control and influence of these companies over the agriculture sector in India’s biggest State (in terms of area), have proved so controversial...
More »New draft of MFI Bill to give more teeth to RBI by Dinesh Unnikrishnan
The earlier draft covered only non-NBFC MFIs incorporated as trusts and non-governmental organizations that constitute a very small part of the total industry The proposed microfinance Bill for governing India’s Rs. 22,000 crore microlending industry is set to give more teeth to the Reserve Bank of India (RBI) to regulate larger microfinance institutions (MFIs). This will be done by removing such entities from the purview of laws enacted by state governments...
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...
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