For Sonia Gandhi, the change could not have been more dramatic. Just last year, her contribution in pushing for the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) was hailed as the single largest reason for the fresh mandate received by a government avowedly dedicated to the aam aadmi. Yet, last week, Gandhi, as chairperson of the National Advisory Council (NAC) was reduced to lodging a complaint with Prime Minister...
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India telecoms minister quits over licences
India's telecommunications minister A Raja has resigned over claims that licences had been improperly given to mobile phone firms. He said he was quitting "to avoid embarrassment to the government". He denies wrongdoing. Opposition has been protesting over Mr Raja's alleged role in the sale of second generation (2G) licences. Federal Auditors reportedly estimate that billions of dollars were lost as a result. Mr Raja - who belongs to the DMK party, an ally...
More »India telecoms minister refuses to quit over licences
India's telecommunications minister has rejected calls that he resign over claims that licences were improperly allocated to mobile phone firms. Opposition anger over A Raja's alleged role in the sale of second generation (2G) licences has been growing. Mr Raja's ministry issued licences on a "first-come first-served" basis instead of auctioning them, reports say. Federal Auditors reportedly estimate billions of dollars were lost as a result. Mr Raja denies any wrongdoing. In May, India's...
More »Microfinance: What's wrong with it by M Rajshekhar
The poster boy of microfinance is now seeking some anonymity. In Andhra Pradesh, the epicentre of the worst crisis faced by microfinance in India, SKS Microfinance is playing down its identity and going into preservation mode. At its modest office in a residential colony in Warangal district, India’s largest microfinance company has taken down its board. At its head office in upmarket Begumpet in Hyderabad, it hung a cloth mesh...
More »What is wrong with MG-NREGA?
Can we afford to leave MG-NREGA alone? Why is the civil society crying foul? Are the rural activists demanding too much? Is the UPA-II trying to take back what UPA-I gave before the elections? Let us face it, the MG-NREGA is in a big crisis. NAC members like Aruna Roy and Jean Dreze have alleged (See links below) that the present remuneration of rural workers is declining by the day and it...
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