Neither celebrity nor politician, Sita Murmu, is extraordinary because she is the great survivor of that `other India'. She is not a beneficiary of the job guarantee scheme MGNREGA and doesn't have a BPL card. In her 60s, she lives in a Bhubaneswar slum and describes herself as a tribal widow without any land, regular income or schooling but "surviving —that itself is enough". Railing at the false promises of...
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After RTI revelations, new CM may return flat
He got flat, meant for weaker sections, under MPs' quota Maharashtra's new Chief Minister Prithviraj Chavan may return a flat allotted in May 2003 under the MP's quota, now that a Right To Information application has revealed that he owns the flat provided under the discretionary quota. The application by RTI activist Anil Galgali, seeking the names of those who owned flats under the Chief Minister's discretionary quota, showed that Mr. Chavan...
More »Black money became a reality in realty sector by Nauzer K Bharucha
We are a cash-rich company run by professionals,” says a smarmy 30-something Mumbai-based head of a leading real estate company. His company’s exponential growth in the span of just five years has raised eyebrows in industry and banking circles. The reasons are clear. The company is known to have tremendous clout in the corridors of power and with the builders’ lobby. It is backed by several important politicians in Mumbai and...
More »CBI probing Adarsh members for six months
Ashok Chavan may have been forced to quit within weeks of his name being linked to the alleged shady dealings involving the Adarsh Housing Society but the CBI has been probing the members of the group for almost six months now, suspecting some of them to be proxy owners.The investigation was launched into the Source of Income of the defence officers and Central employees who own apartments in their name...
More »Microfinance: What's wrong with it by M Rajshekhar
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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