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Govt sets up 4 panels to monitor MFIs

In a significant step towards foolproof monitoring of micro finance institutions (MFIs) and gaining first-hand information on multiple lending, excessive rural indebtedness and irregularities in the sector, the state government has constituted four working committees that would integrate various databases of SHG bank linkage, ration cards & borrowers' data being submitted by MFIs on a priority. These committees would create and maintain the website on MFIs and also help in responding...

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Cut-Rate Democracy by Pranjoy Guha Thakurta

Two years ago, when I told some of my more cynical fellow-tribals from the journalistic fraternity that I was about to complete a textbook on media ethics, they smirked. Media ethics? That’s an oxymoron, a contradiction in terms, they said glibly. What became apparent to me then was that the image of the journalist in India has taken quite a battering. There are many among the aam admi who still...

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Posco paid for study on Posco by Priscilla Jebaraj

Claims about the benefits of Posco's $12 billion integrated steel project to Orissa's economy and job market come from a study by an “independent” research organisation — but was paid for by Posco itself. In January 2007, the National Council of Applied Economic Research (NCAER) published a report on ‘Social Cost Benefit Analysis of the POSCO Steel Project in Orissa,' which claimed that the project would directly and indirectly generate 8.7...

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Apec nations aim to boost farm produce

Asia Pacific nations agreed on Sunday to boost the region’s agricultural productivity through technology transfer and information sharing as climate change and a fall in arable land threaten future food supplies. The 21-member countries of the Asia Pacific Economic Cooperation (Apec) also called for “responsible” agricultural investment as rising acquisition of farmland in developing countries by other nations to ensure their own food supplies is causing friction with local people. “Climate change...

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Arvind Kejriwal, 2006 Ramon Magsaysay award winner and founder of Parivartan interviewed by Pallavi Singh

How would you rate the functioning of the RTI Act five years into its enactment? It has been a mixed experience. It is encouraging that we have one of the best laws in the world but its shoddy implementation is taking the sheen away. The two nerve centers of RTI are simplifying the process of filing an application and making the functioning of the Commission effective. The posts of Information Commissioner...

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