“Punjab has suffered only debt, serious illnesses and polluted and scanty water sources” Appealing to the farmers and policy-makers to not emulate the Punjab model of Green Revolution, some farmers from Punjab said here on Sunday that the revolution had completely ruined the State. “Punjab is now called the cancer capital of India. The Green Revolution has given farmers only three things: debt, serious illnesses and polluted and scanty water sources,”...
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The ugly underbelly of Microfinance by Roli Srivastava, Swati Bharadwaj-Chand & Partha Sinha
SKS Microfinance, India's largest microfinance player, arrived with a bang with its hugely successful IPO in August. However, the recent sacking of its MD and CEO Suresh Gurumani has opened up a pandora's box that is now threatening to expose the ugly underbelly of the sector which, many allege, is teeming with players who are no better than moneylenders but have so far been able to operate under the pious...
More »Food security bill to be brought soon: Sonia Gandhi
Congress president Sonia Gandhi on Friday said that the central government would soon bring forth a food security bill for the benefit of the poorest sections of society. Addressing a Congress workers' 'Sadbhavna Rally' at Sewagram in Wardha district, about 85 km from here, Gandhi pointed out that the government has already legislated the Right to Education to ensure education for all children, and the food security bill will be the...
More »Parliamentary panel may oppose GM food by Saubhadra Chatterji
Environment Minister Jairam Ramesh's crusade against genetically modified or Bt food will get a political fillip as well. Parliament's Standing Committee on Agriculture, currently studying the pros and cons of allowing Bt brinjals or other genetically modified foods, is likely to oppose these on various grounds. The parliamentary panel will give its report during the monsoon session. After holding meetings with various interest groups, the members feel it will not be...
More »Protests against finance firms as two more commit suicide
Two people committed suicide Monday in Andhra Pradesh after microfinance companies allegedly harassed them for non-repayment of loans. Opposition parties have urged the government to take action against the firms while a rights panel has asked police to submit the reports on suicides. While an auto driver committed suicide in Warangal district, a woman ended her life in East Godavari district. Another woman attempted suicide by consuming pesticides in Karimnagar district...
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