Over the past decade, as crops have failed year after year, 200,000 farmers have killed themselves Naryamaswamy Naik went to the cupboard and took out a tin of pesticide. Then he stood before his wife and children and drank it. "I don't know how much he had borrowed. I asked him, but he wouldn't say," Sugali Nagamma said, her tiny grandson playing at her feet. "I'd tell him: don't worry, we...
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Litmus test for govt as NAC gets specific on forest rights by Nitin Sethi
It has been the most contentious of UPA's flagship schemes for the aam admi. The government has never been sure if it wants the Forest Rights Act to really work, and Congress can't make up its mind on whether it will gain anything from the act meant to return forestlands taken away illegally from tribals and others by the government. It has been a handy tool to make some pro-tribal...
More »Bangladesh Grameen Bank denies diverting cash
Bangladeshi micro-credit pioneer Grameen Bank has described as "total fabrication" claims the institution diverted nearly $100m of aid cash.The denial came a day after Norway said it was examining reports relating to money from Norway, Sweden and Germany.A Documentary alleged that the cash had been transferred from Grameen Bank to other parts of Grameen.Nobel Peace laureate Prof Muhammad Yunus set up the bank in Bangladesh in 1996 to make small...
More »Grameen founder Muhammad Yunus in Bangladesh aid probe by Ethirajan Anbarasan
Norway says it is examining reports that Nobel Peace Laureate Muhammad Yunus allegedly diverted millions of dollars of aid money from a bank. International Development Minister Erik Solheim said that it was "totally unacceptable that aid is used for other purposes than intended". A Documentary maker has alleged that cash was diverted from Professor Yunus' Grameen Bank to other parts of Grameen. In a statement, the bank said that the allegations were false. It...
More »Knick Knack, Paddy Whack by Saikat Datta
Subterfuge is the favourite tool of the corrupt, when caught. That seems to be the case as the Union ministry of commerce and industry proceeds at an elephantine pace in its “inquiry” into the Rs 2,500-crore rice export scam reported in Outlook. Last year, on July 30, Parliament erupted in a furore over the revelation that despite a strict ban on exports, tonnes of 25 per cent broken, non-Basmati rice...
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