Public uproar over 20 suicides in two months has forced the Andhra Pradesh government to act to regulate micro-finance institutions. On October 14, the state government brought an ordinance making it compulsory for MFIs to register themselves, declare the effective rate of interest they charge, ensure that no security is sought for loans and no coercion is used for recovery. Non-compliance will be punished with a three-year prison term and a...

The Archbishop of Canterbury, Rowan Williams, on Sunday said that world over food security was at risk even as people in other parts of the world led a luxurious life unmindful of it. Delivering his sermon on ‘Bread of life, hope for all' at St. Peter's Church in Vysarpadi, he said that it was the responsibility of the local communities to remind the rich that hungry people have to be fed. The...

In an attempt to break the deadlock over the Land Acquisition (Amendment) Bill and the accompanying Resettlement and Rehabilitation Bill, finance minister Pranab Mukherjee has invited Trinamool Congress chief and railway minister Mamata Banerjee for talks on October 25. Ms Banerjee, who has strong reservations over the twin pieces of legislation, is, as per Trinamool Congress sources, unlikely to relent. Ms Banerjee’s stand is that the state should have absolutely no...

Despite recording robust economic growth over the last couple of decades and spending thousands of crores of rupees on subsidising foodgrain and other programmes aimed at improving the nation’s social indicators, India ranks a low 67 among 84 countries on the Global Hunger Index, 2010. The country has actually dropped two levels since last year on the index published jointly by International Food Policy Research Institute (IFPRI), Welthungerhilfe and Concern...

The Aadhaar or UID project has grave implications for every Indian. It will enable the government to profile every citizen and track their movements and transactions. There is no guarantee that intimate personal information -- pre-existing illnesses, romantic relationships etc -- won't be shared with other agencies, warns Praful Bidwai. An elaborate charade has begun with the rolling out of the first Aadhaar unique identity numbers in a tribal district of Maharashtra by...