-Live Mint State govt says did not receive notice from SC before order was issued; SKS shares fall 19.63% in intra-day trade Mumbai: Andhra Pradesh, once the largest market for microlenders and home to India's lone listed such institution SKS Microfinance Ltd, said on Thursday it would challenge the Supreme Court's recent interim order allowing the company to resume operations in the southern state, driving the stock down by almost 20%...
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Urban slums data reinforces India’s consumption story-Neha Sethi
-Live Mint Indians who live in slums are not very different from those who live elsewhere, in terms of ownership of assets Indians who live in slums are not very different from those who live elsewhere, in terms of their ownership of assets, including consumer products and houses, although they may not have the same access to water and sanitation. The finding, reflected in Census 2011 data that was released on Thursday, reinforces...
More »Caste, corruption and romanticism -Kancha Ilaiah
-The Hindu The Dalit-Bahujan theory or Ambedkarism cannot negotiate with funny theories of sociologists like Ashis Nandy. The best way to counter them is to write a better theory Utsa Patnaik, a noted economist said in a small note that she circulated "Ashis Nandy had earlier made approving remarks on the 1988 Deorala burning to death of a young widow in the name of sati (terming it a courageous act in a...
More »Back to the Dark Age
-The Hindu Over the years Indian politics has come to be defined by a peculiar characteristic: it has become more inclusive and representative in terms of caste and class but regressed on issues relating to women. This uncomfortable truth was brought home in the aftermath of the widely condemned Delhi gang rape. Politicians claimed to be revulsed by the violence which extinguished a young life. Yet in their speeches, they borrowed...
More »UNDP brackets India with Equatorial Guinea in human development index
-The Hindu However, the country’s value increased 61 per cent from 1980 to 2012 India has been ranked 136 among 187 countries evaluated for human development index (HDI) — a measure for assessing progress in life expectancy, access to knowledge and a decent standard of living or gross national income per capita. The Human Development Report of the United Nations Development Programme (UNDP) for 2013, released on Thursday, puts India’s HDI value for...
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