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Small farmers still excluded from formal financial channels

-The Economic Times Small and marginal farmers who constitute more than 80% of total farmer households in the country face exclusion from formal financial channels," says the Nair Committee on priority sector lending. The same report says "commercial banks have been prescribed targets since late 1960s for priority sector lending".  The banking system failed the farmers and the needy despite nationalisation, but is there a viable model that could help the millions...

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No Guarantee of Food Security in Children’s Incredible India by Razia Ismail

India’s decision-makers seem to find it difficult to see that there are children in the country. Being unable to see them, they are unable to perceive that they are hungry. In an age when we are able to use euphemisms like ‘under-nutrition’, this is perhaps not surprising. But it is disgraceful none the less.   This country has a large population of children. Fortyone per cent of its total numbers. The national...

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The Politics of Rape

-Economic and Political Weekly   Mamata Banerjee cynically casts aspersions on a rape victim to further her political agenda. When rape becomes a political power game, every woman, not just a rape survivor, has reason to be afraid. What this suggests is that, for people in the political battlefield, the seriousness of this violent crime and the increasing incidence of rape in our towns and villages are of no concern. This has become...

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Small loans add up to lethal debts by Erika Kinetz

-AP The microfinance industry pursued a path of rapid business growth in recent years; two investigations now link it to debtor suicides   First they were stripped of their utensils, furniture, mobile phones, television sets, ration cards and heirloom gold jewellery. Then, some of them drank pesticide. One woman threw herself into a pond. Another jumped into a well with her children. Sometimes, the debt collectors watched nearby. More than 200 poor, debt-ridden residents of...

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All trade unions to strike work on Tuesday

-The Hindu To protest the fallout of liberalisation policy In an unprecedented show of unity, all trade unions in the country have come together on the same platform and given a call for a general strike on February 28. This is the first time since Independence that trade unions, cutting across ideological and political affiliations, have joined hands to register their protest on a wide range of issues arising out of the liberalisation...

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