The public face of the journalist is of a brave, feisty adversary to the rapacious establishment, not the party animal who will wilt before the charms of the corporate lobbyist.To succeed, a politician has to keep his ear to the ground. Yet success can be cruelly destructive; it is so deceptively flattering that it eventually insulates him from the very thing that has made him a success: public opinion. For...
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Panel suggests stringent punishment for ToRture by Gargi Parsai
The Select Committee on the Prevention of ToRture Bill, 2010 has recommended stringent punishment for acts of ToRture by a public servant, including life imprisonment and death sentence for death caused by ToRture in custody.The Bill was passed by the Lok Sabha in May but was referred to a Rajya Sabha Select Committee following concerns over certain inadequacies in the draft legislation.Chairman of the Select Committee Ashwini Kumar told journalists...
More »Centre seeks Rs. 5,786 crore for Bhopal gas victims by J Venkatesan
Curative plea filed in Supreme Court on anniversary of tragedy Coinciding with the anniversary of the 1984 Bhopal gas tragedy, the Centre on Friday filed a curative petition seeking enhancement of the compensation of $ 470 million determined by the Supreme Court in 1989 on the ground that this settlement was arrived at on the basis of assumptions of truth unrelated to realities. The Centre as parens patriae (parent of the...
More »New loan sharks by S Nagesh Kumar
The rural poor in Andhra Pradesh, a State showcased as a model for SHG-bank linkage, are caught in the vortex of microfinance. WITHIN a decade of their coming into operation, microfinance institutions (MFIs) have dealt a serious blow to the economy and the well-being of thousands of families in rural Andhra Pradesh. Harassment by their collection agents has allegedly driven at least 60 borrowers to death, and the number is...
More »India’s micro vision by Samar Halarnkar
Time magazine picked him as one of 100 people shaping our world. Today, he’s held responsible for bringing an exciting, inspirational business into disrepute. Oh, and his wife says he beat her and snatched their son. There could not be a more controversial ToRchbearer than Vikram Akula for an industry as quintessentially Indian as microfinance, the business of providing the poor with loans, as small as R5,000, secured not with...
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