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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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Kerala won't be quite the same again by P Sainath

Women have rarely held posts of political authority in Kerala. There are, though, processes at play that could alter some things, a sense that big changes are under way. They will account for over 50 per cent of all 21, 682 wards in the 1,209 local bodies going to the polls. A single issue dogs all candidates in the local polls in Guruvayoor municipality of Kerala's Thrissur district. Any of the...

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‘Kudumbashree' dominates Kerala local polls by P Sainath

In a few days from now, women could account for 52 per cent of all local bodies. They are tailors, farmers, accountants, legal clerks, homemakers, vendors and activists. There are M.Com degree holders alongside poor women from deprived backgrounds. Together, they make up the most highly educated women candidates fighting local body elections anywhere in the country. There are nearly 40,000 of them contesting the polls across more than 1,200...

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Tribal body to oppose panchayat polls in Schedule Areas

The Adivasi Budhajivi Manch  has decided to oppose panchayat elections in Schedule Area of Jharkhand. The manch, a forum of intellectual tribals of the state, claimed that panchayat elections in Schedule Area is against the provision of the Constitution. The decision to oppose state government decision to organize panchayat elections was taken after a meeting of tribals from different parts of the state. The manch decided to initiate legal battle against...

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Displacement

KEY TRENDS   • Section 105 of the Right to Fair Compensation and Transparency in the Land Acquisition, Rehabilitation and Resettlement Act, 2013, which provides for excluding 13 Central legislation, including Land Acquisition (Mines) Act 1885, Atomic Energy Act, 1962, Railway Act 1989, National Highways Act 1956 and Metro Railways (Construction of Works) Act, 1978, from its purview, has been amended for payment of compensation with rigours $ • The amendments have now...

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