-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...

-Tehelka AFTER A stormy night and a long flight, Rainer Sonntag Hermann reached Essen at 7 pm on 28 February. Hermann is the German tourist who was deported from Chennai the previous day on charges of being involved in the anti-nuke protests at Koodankulam. When TEHELKA tried to contact him via email, he replied, “The last two nights I had no bed and I’m very tired now. So, please allow me...

-Express News Service Within days of Prime Minister Manmohan Singh blaming foreign-funded NGOs for instigating anti-nuclear protests in Koodankulam, the government today booked four NGOs for alleged violation of the Foreign Contributions Regulations Act (FCRA) and deported one German national for reportedly helping the protestors. Home Secretary R K Singh told reporters that the bank accounts of the four NGOs were frozen after it was found that they had been diverting money...

-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...

-The Times of India   Denying charges that their campaign against the Russian-aided Kudankulam Nuclear Power Project was being funded by United States-based groups, the People's Movement against Nuclear Energy convener S P Udayakumar on Saturday threatened legal action against Prime Minister Manmohan Singh and Union minister of state in the PMO V Narayanasamy.  The Union minister told TOI on Friday that the licences of three NGOs backing the anti-nuclear protests have been...