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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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Kids demand extension of Right to Education Act to many more

Policy-makers, media and government functionaries have had their say on implementation of the Right to Education Act, but the voices of children in this regard are yet to be heard, Child Rights and You general manager Anita Bala Sharad said here on Thursday. In an effort to factor in the views of children in the discussions on the RTE, CRY held a press conference in which six children from Delhi, Uttar...

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Endosulfan: VS calls officials' meet

Chief Minister V. S. Achuthanandan will convene a conference of officials on November 18 to review relief measures undertaken by the government for victims of Endosulfan in Kasaragod district. The conference will review the effectiveness of assistance provided by government to the victims. Besides welfare pensions for the disabled, the government is providing monthly assistance for bystanders of bed-ridden victims, rice at Rs.2 a kg and medical assistance. The meet may also look...

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What is wrong with MG-NREGA?

Can we afford to leave MG-NREGA alone? Why is the civil society crying foul? Are the rural activists demanding too much? Is the UPA-II trying to take back what UPA-I gave before the elections? Let us face it, the MG-NREGA is in a big crisis. NAC members like Aruna Roy and Jean Dreze have alleged (See links below) that the present remuneration of rural workers is declining by the day and it...

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Unfulfilled hopes by Aman Sethi

Bottlenecks at every stage in the implementation of MGNREGA in Atra village in Chhattisgarh are making the villagers disillusioned. “If payment is unreliable, the poorest and the most vulnerable opt out of the system...” On a rainy day in September, Bir Singh Malekar, 45, rues his decision to stay back in Atra village in Chhattisgarh's Rajnandgaon district this summer, instead of leaving in search of work. “I usually go to Chennai between...

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