Friday’s Supreme Court rap to “uncle judges” who favour lawyers related to them has opened a Pandora’s box, with state-level lawyers’ bodies claiming to be flooded with phone calls from citizens and moving to mount pressure on the courts. Several state bar councils plan to meet or write to chief justices and the Centre, armed with resolutions urging judges to seek transfer if they have relatives practising law in their courts....
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Dam rehabilitation work from January by Roy Mathew
The Kerala government will implement the World Bank-funded Dam Rehabilitation and Improvement Project (DRIP) from January. The project, which aims at improving the safety and operational performance of selected structures, will cover dams, barrages and regulators, totalling 19, of the Irrigation Department and 12 projects of the Kerala State Electricity Board. C.N. Sathi, Chief Engineer (Investigation and Designs) of the Irrigation Department, told The Hinduthat the department had sought the release of...
More »MFIs want banks to create Rs 1,000-cr fund
Faced with a liquidity crunch, microfinance companies have asked RBI to direct banks to set up an Emergency fund of Rs 1,000 crore to help them tide over slowdown in their business. Sources said the Microfinance Institution Network (MFIN) is trying to convince the central bank in this regard. The micro finance sector has been reeling under a liquidity crisis after the Andhra Pradesh government issued an ordinance to control interest...
More »Govt Agrees NREGA Workers Get Wages @ 1948 Act
NREGA workers lifted their 47 days long Satyagrah/Dharna after the Center and Rajasthan State governments agreed to their demand wages on basis of Minimum Wages Act 1948. As per the press releas of SR Abhiyan, the struggling organization, on November 11, Mrs Gandhi wrote to the Prime Minister communicating the consensus reached in the NAC meeting on October 23, that workers should be paid minimum wages as notified under the...
More »Now, Orissa plans to regulate MFIs
SKS Microfinance, the largest microfinance institution (MFI) in India, on Friday said that its balance sheet was healthy and did not resort to any Emergency funding, as Orissa, following Andhra Pradesh, said it would look into the MFI's business processes in the state. It also said, through a release, that it was confident that "the regulation will actually strengthen the industry and benefit well funded, ethical lenders like SKS." The release...
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