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Microfinance institutions escape charge of abetting suicide of clients-M Suchitra

In 2010, Andhra Pradesh witnessed a series of suicides. These were not cases of farmers' suicides—a regular occurrence in the state which continues to be in the grip of an agrarian crisis. The victims in these cases happened to be the poorest of the poor; most of them illiterate dalits and adivasis. The first information reports (FIRs) of the police reveal that most of the suicides were due to coercive...

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Cartoon Mamata-Madhuparna Das & Sulagna Sengupta

In unprecedented action, a senior professor of Jadavpur University and the secretary of a housing society in Kolkata had to spend Thursday night in jail for forwarding an e-mail that contained a cartoon featuring Trinamool Congress leaders Mamata Banerjee, Mukul Roy and Dinesh Trivedi. They were charged with defamation and outraging the modesty of a woman.   Top officers in the Kolkata police confirmed that there was no parallel in the state...

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Barkatullah University changes tune, to accept cash from RTI applicants

-The Times of India   Barkatullah University will have a separate counter to accept cash from RTI applicants seeking information related to BU issues soon. The facility will save RTI applicants from paying more money, the university registrarsaid. The decision came a day after the TOI carried a story on how RTI applicants are forced to cough up Rs 27 for a photo copy because the university doesn't accept cash and insists on...

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Need regulation to make sure that financial inclusion becomes cost-effective by Ashok Khemka

One of the key factors to inclusive growth is financial inclusion for all. Financial inclusion refers to universal access to a wide range of banking solutions and financial services in a fair, predictable and transparent manner at affordable costs. The poor tend to be ignored because the transaction costs in serving them are high. Initiatives that reduce these costs will allow service providers to begin thinking of financial services for...

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Overnight prosperity clue to industry cash flow to Maoists by Jaideep Hardikar

A bidi-smoking petty contractor who suddenly bought two Boleros and a former newspaper hawker who zipped about Chhattisgarh’s jungles in a Toyota may hold the key to a question bugging the custodians of national security. What the police want to know is: are business houses paying off the Maoists to be able to operate deep inside central India’s mineral-rich guerrilla zones? Chhattisgarh police say that when contractor B.K. Lala’s bank account suddenly...

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