The former Member of the National Human Rights Commission (NHRC), Sudarshan Agarwal, has appealed to NHRC Chairman K.G. Balakrishnan to resign and face an enquiry. Mr. Agarwal, who is also a former Governor of Uttarakhand and Sikkim, in a letter written to Justice Balakrishnan on December 29, 2010, said: “It is with deep pain and anguish — nay, with a deep sense of shock — that I read in the national...
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Lessons for micro-finance from 2010 by Subir Roy
The year 2010 was a tumultuous one for micro-finance institutions (MFIs) in India. It began with the highly successful SKS Microfinance public issue, which prompted other prominent MFIs to announce similar plans. It ended with the tumult in Andhra Pradesh which was marked by the state’s legislation to regulate the sector, severely impairing its ability to survive. MFI recoveries are down and they, in turn, have fallen behind in their...
More »Nitish's Assets much less than his colleagues
Bihar Chief Minister Nitish Kumar lags far behind his ministerial colleagues in his wealth, details of which were made public on Monday. Details of the Assets of 30 Bihar ministers, including Kumar's were uploaded in the government websites as a step towards ending corruption and promised by the chief minister. Kumar's moveable Assets include Rs 31,760 in cash, Rs 57,770 in bank account, a Santro car of 2003 model, an old TV...
More »SHG-bank linkage in Tamil Nadu second after AP by TE Narasimhan
Tamil Nadu has become the second largest state after Andhra Pradesh in the self-help group (SHG)-bank linkage programme launched by the National Bank for Agriculture and Rural Development (Nabard). In the state, 209,197 SHGs were credit linked with a financial assistance of Rs 2,791.65 crore in 2009-10, taking the cumulative number of SHGs credit linked to 852,791 (including repeat doses) with a bank loan of Rs 9,394.70 crore. Nabard said that a...
More »The ‘Radia’ctive Indian Media by Satya Sagar
There has been a gross simplification of the issues involved in the exposures in the Radia tapes on the lack of integrity among mediapersons. In order to understand how exactly journalists really function it is necessary to understand the overall context in which they operate and clarify some of the persistent myths about what the profession is all about. Four myths in particular need to be dissected: That it enjoins...
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