The Andhra Pradesh Police on Friday said it has arrested three people working with SKS Microfinance and Spandana on a complaint of harassment by a borrower, and might book the companies' respective promoters Vikram Akula and Padmaja Reddy under a new Ordinance to check coercive methods of loan recovery. The borrower, Ammulu, filed the complaint with the Yemmiganur police station in Kurnool district, about 270 km from Hyderabad, last night. A...
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Expert group on universal health coverage set up
It will develop blueprint to achieve ‘health for all' by 2020 Recognising the importance of defining a comprehensive strategy for universal health coverage, the Planning Commission has set up a high level expert group to develop a blueprint and investment plan for meeting the human resource requirements to achieve ‘health for all' by 2020. The 15-member high level group on universal health coverage, chaired by K. Srinath Reddy, president of the Public...
More »Suicide leash on lenders
Public uproar over 20 suicides in two months has forced the Andhra Pradesh government to act to regulate micro-finance institutions. On October 14, the state government brought an ordinance making it compulsory for MFIs to register themselves, declare the effective rate of interest they charge, ensure that no security is sought for loans and no coercion is used for recovery. Non-compliance will be punished with a three-year prison term and a...
More »Aadhar to be launched next week by Chief Minister
Aadhar, the project to give unique identification number to every resident, will be launched in the State by Chief Minister K. Rosaiah in a week. In the first phase, 3.11 crore individuals are targeted to be enrolled by March next in seven districts. Addressing a press conference here on Friday, Minister for Civil Supplies J. Krishna Rao admitted that there was certain percentage of pilferage in every government scheme. Aadhar (UID...
More »Sankaran, champion of the poor, no more
The untiring champion of the downtrodden and civil rights and former IAS official (1956 batch) of the Andhra Pradesh cadre S R Sankaran passed away on Thursday in Hyderabad. A bachelor, Sanakaran was 76. Though retired in 1992, he never called off his mission to defend the rights of the marginalised sections. Be it government, Maoists, civil rights organisations, Supreme Court or Planning Commission of India, his services were most sought...
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