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Why microfinance is fading out -M Sureshbabu and Arun Kumar Gopalaswamy

-The Hindu Business Line MFIs are unable to address the needs of self-help groups. They have been hit by the falling growth of SHGs There has been a long-standing debate on the ability and effectiveness of the formal banking system as a vehicle for financial inclusion. The thrust has been to increase the number of small banks, as they play a very important role in the supply of credit to small business...

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Social activists dissatisfied with budgetary allocations

-Press Release from Delhi Pension Parishad Activists from seven major campaigns stated unequivocally that the Union Budget for 2016-17 far from ‘Transforming India’, as claimed by the Finance Minister, Shri Arun Jaitley, is neglecting the interests of farmers, the poor and vulnerable both in nominal and real terms and subjecting every life-affirming program to severe  budget cuts. Activists from seven major campaigns such as the Right to Food Campaign , the...

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Rain flattens crops in north India

-Business Standard Bright sunshine, however, offsets damage Rains and thunderstorms accompanied by hailstorm in some places have flattened standing wheat, mustard and coriander crop in some parts of Punjab, Haryana, western Uttar Pradesh and Madhya Pradesh. However, the situation is not as grim as last year because the showers have been followed by bright sunshine. Agriculture scientists say the weather over the next few days will hold the key and if the hailstorm...

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Respect for nature is devotion

-The Hindu The grandiose spectacle that the Art of Living Foundation has organised on a thousand-acre site on the floodplain of a river in Delhi to demonstrate ‘humanitarianism’ and the oneness of cultures will go down as a spectacular example of thoughtless environmental destruction. The Central and Delhi governments have, in a display of extraordinary non-application of mind, allowed a private entity to take over part of the Yamuna floodplain, an...

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Art of Living event: Has eco-impact been assessed, asks green tribunal -Bindu Shajan Perappadan

-The Hindu New Delhi: Plea seeks stoppage of construction on the Yamuna floodplains for the World Culture Festival. “Has any of the agencies assessed the environmental impact of the Sri Sri Ravi Shankar’s Art of Living Foundation’s three-day ‘World Culture Festival’ to be held in the city starting this Friday?” asked the National Green Tribunal (NGT) on Tuesday. It was hearing a plea seeking stoppage of ongoing construction on the floodplains for...

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