When Sushil Kumar heard that the government was about to offer drought-hit farmers compensation in the form of monetary relief, his hopes rose. Production may have been poor, but all was not lost. With the compensation amount he would get, Kumar thought he would buy better seeds to sow for the next cropping season. And if there was still any extra left, he may even consider buying a thresher. That...
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Muhammad Yunus knew seeking to enter politics in Bangladesh would receive ‘bruising response' by A Srivathsan
Kolkata Consulate: His candidacy 'could offer a possible out from the Hasina-Zia zero-sum game' Muhammad Yunus, the Nobel Peace Prize winner known in particular for his microfinance initiatives in Bangladesh, appeared to have been aware of the risks and consequences of a move he made to enter the country's politics. He told Henry Jardine, the U.S. Consul General in Kolkata, that he was aware of the “potentially bruising response” it would...
More »Bangladesh: Before Accusing Sheikh Hasina Government Need for a Close Look at Yunus’ Grameen Bank by Amitava Mukherjee
It is difficult to predict what denouement the spat between the Sheikh Hasina-led Bangladesh Government and Mohammed Yunus, the Noble Laureate, would ultimately reach but it has undoubtedly brought to the fore many pitfalls of the micro-credit system which has so far been hailed as a panacea for poverty alleviation not just in the Third World countries but in many developed nations too. It may be a bit unfair to...
More »Poor NREGA implementation in Bundelkhand says audit survey by Man Mohan Rai
Despite the hype over the NREGA scheme , a survey has found out that about 52 per cent of the poor and needy households in the backward region of Bundelkhand in Uttar Pradesh did not get a single day of NREGS employment during the last year. The average actual NREGA employment provided to per needy household during the previous 12 months was about 21 days in Chitrakoot district, 19 days in...
More »Judicial check by V Venkatesan
The quashing of the appointment of P.J. Thomas as the CVC shows the judiciary can go beyond the express provisions of law to render justice. THE Indian Constitution does not envisage strict separation of powers among the three branches of the government – the executive, the legislature and the judiciary. This flexibility permits marginal incursions though one branch cannot usurp the essential functions of the other. One of the essential functions...
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