-MensXP.com While everyone has been animatedly supporting Anna Hazare's fight against corruption, people seem to have forgotten who the people are who actually led to this situation. The peak of irony was when Anna was, allegedly, lodged in the same jail that housed the people who were responsible for two of the biggest scams in the country ever. How must the authorities have felt when they saw Raja and Kalmadi fill their...

MFIs in Andhra Pradesh are paying for the sins of their past. Market for new loans has dried up, banks have turned off their spigots while the AP government is content to sit back and watch. It has been eleven months since the Andhra Pradesh government issued an ordinance—later converted into the Andhra Pradesh Micro-Finance Institutions (Regulation of Money Lending) Act—which, the microfinance industry hoped, would be the magic remedy that...

PM's announcement in I-Day address went unnoticed in public focus on corruption Prime Minister Manmohan Singh's announcement on Monday on setting up a commission “to make suggestions for improvements at all levels of education” has largely gone unnoticed amid the public focus on corruption. Even though his Independence Day address did not elaborate on its mandate, sources in the government indicated, the recommendations of the proposed commission should add up to...

-IANS   Nearly nine million Indian households, or 45 million individuals, saw their incomes rise above the threshold of $1.25 a day, or Rs.56, in the two decades ended 2010, reflecting the success of microfinance, says a survey. "A dramatic number of families moved out of poverty between 1990 and 2010," said the report, based on a survey of more than 15,000 Indian households, carried out by the India Development Foundation (IDF), a...

-IANS   Eminent agriculture scientist and a member of the Sonia Gandhi-led National Advisory Council (NAC), M.S. Swaminathan, has cautioned against the government's plan to replace subsidised food with cash under the proposed National Food Security Act (NFSA). "The government's plan to replace subsidised ration with cash under the public distribution system (PDS) is faulty. It will lead to low procurement and less production subsequently. This will be bad for Indian agriculture," Swaminathan...