The poster boy of microfinance is now seeking some anonymity. In Andhra Pradesh, the epicentre of the worst crisis faced by microfinance in India, SKS Microfinance is playing down its identity and going into preservation mode. At its modest office in a residential colony in Warangal district, India’s largest microfinance company has taken down its board. At its head office in upmarket Begumpet in Hyderabad, it hung a cloth mesh...
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Call of the river by Ajoy Ashirwad Mahaprashasta
In 25 years, the Narmada Bachao Andolan has introduced an alternative development discourse in India. ON the full moon night in October, hundreds of people from all over India gathered at Bhilgaon, one of the many tribal villages in Nandurbar district of Maharashtra, in the foothills of the Satpura mountain range and on the banks of the river Narmada. The place resounded with jingles, revolutionary folk songs and strains of...
More »Left parties demand shifting of Posco's project site
Making fresh demand for withdrawal of clearances accorded to Posco's mega steel plant, Left parties today sought shifting of the project from the proposed site near Paradip to any nearby place in Orissa's Jagatsinghpur district. The demand was made before the Union environment minister Jairam Ramesh when a delegation of the Left parties including CPI, CPI(M), Forward Bloc along with RJD and Samajwadi Party, met him at New Delhi. In a joint...
More »US, India to help African food security: Obama
President Barack Obama on Monday announced a U.S.-Indian partnership to promote food security in Africa, harnessing technology to battle starvation in a part of the world where China has boosted its presence. "We are going to share Indian expertise with farmers in Africa," Obama said in a speech to India's parliament. The project will link U.S., Indian and African universities to spread knowledge and boost innovation, while deploying technology to improve drought-resistant...
More »A new target
The ‘Aichi Target' adopted by the Convention on Biological Diversity (CBD) at its Nagoya conference could not have come at a more appropriate time. The journal Science recently published a study by Michael Hoffmann and his colleagues titled “The Impact of Conservation on the Status of the World's Vertebrates.” This presents depressing data on threatened species. The scientists conclude that four important factors — agricultural expansion, logging, over-exploitation, and invasive...
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