-AP The microfinance industry pursued a path of rapid business growth in recent years; two investigations now link it to debtor suicides   First they were stripped of their utensils, furniture, mobile phones, television sets, ration cards and heirloom gold jewellery. Then, some of them drank pesticide. One woman threw herself into a pond. Another jumped into a well with her children. Sometimes, the debt collectors watched nearby. More than 200 poor, debt-ridden residents of...

Prime Minister Manmohan Singh has blamed US-based NGOs for whipping up a campaign against the Russian-aided Kudunkulam atomic power station in Tamil Nadu, causing a major setback to the project. Singh, in an interview to the American journal 'Science' being published on Friday said, "The atomic energy programme has got into difficulties because these NGOs mostly, I think, based in the US, don't appreciate the need for our country to increase...

-The Economist   Opposition to the world’s biggest biometric identity scheme is growing FOR a country that fails to meet its most basic challenges—feeding the hungry, piping clean water, fixing roads—it seems incredible that India is rapidly building the world’s biggest, most advanced, biometric database of personal identities. Launched in 2010, under a genial ex-tycoon, Nandan Nilekani, the “unique identity” (UID) scheme is supposed to roll out trustworthy, unduplicated identity numbers based on...

Mother Dairy’s retail model helps farmers but is under pressure from chains Call it the Safal model. For close to 25 years, a large chunk of households in the National Capital Region have had access to fresh fruits and vegetables at affordable prices—at rates much lower than what the local vegetable and fruits market or the handcart vendor would charge. This was made possible by standing the concept of buying on...

In U.P., where 70 per cent of the people depend on agriculture, FDI in retail does not produce any cheer. ON a misty Monday morning in early December in Muradnagar, a small town in western Uttar Pradesh, numerous tractors and trucks, loaded with jaggery and driven by farmers themselves, lined up in front of the smallest grain mandi (market) of the region. With unusual patience, the drivers waited for their...