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SKS plans to resume lending operations in Andhra Pradesh soon

-PTI Hyderabad: Country's only listed micro lender SKS Microfinance today said it plans to resume lending operations in Andhra Pradesh soon, two years after the state government came out with a stringent laws to regulate the industry. SKS Chief Financial Officer, Dill Raj said the recent Supreme Court's interim order was of great relief to them and paves way to resume operations in the state. "That is primary relief we got (from the...

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Andhra Pradesh to challenge SC interim order on SKS-Dinesh Unnikrishnan

-Live Mint State govt says did not receive notice from SC before order was issued; SKS shares fall 19.63% in intra-day trade Mumbai: Andhra Pradesh, once the largest market for microlenders and home to India's lone listed such institution SKS Microfinance Ltd, said on Thursday it would challenge the Supreme Court's recent interim order allowing the company to resume operations in the southern state, driving the stock down by almost 20%...

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Have proof of graft in farm debt waiver scam: Anna

-The Hindustan Times The Gandhian crusader, Anna Hazare on Sunday claimed that he has sufficient proof of alleged corruption and irregularities committed in the “farmers’ loan waiver scheme” of the Centre, which was brought to light by the CAG report recently. Hazare, who was in Nagpur on a two-day tour in eastern Vidarbha said, “If the government is interested in going through the proofs, I am willing to hand over to them.” The...

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Activists welcome hard-fought UN agreement on women's rights-Liz Ford

-The Guardian Negotiations end with agreement on ending violence against women at the Commission on the Status of Women, but civil society groups express concerns UN officials and activists expressed relief and delight over news that an agreement had been reached at this year's Commission on the Status of Women (CSW). Greeted with cheers, the agreed outcome document of the 57th CSW, which was announced on Friday evening, was hailed as an "important...

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Empower the citizen

-The Hindu Nationwide frustration arising from large-scale corruption by people in authority erupted in a wave of protests two years ago. Legislative remedies proposed as a response to public anger, such as the Lokpal and the Lokayuktas in all States, have still not become a reality. Adding to the aam aadmi’s sense of outrage, another important legislation that aims at ending administrative gridlock and corruption has run into political troubles. The...

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