National Advisory Council chairperson Sonia Gandhi has requested Prime Minister Manmohan Singh to give “suitable directions” to rescue the MNREGA and ensure that all workers get paid in accordance with the Minimum Wages Act (1948). In a letter dated November 11, Sonia Gandhi, who is also UPA chairperson, has appended a 10-page note on the subject. The note details the concerns and outlines the legal arguments in support of paying workers...
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Microfinance: What's wrong with it by M Rajshekhar
The poster boy of microfinance is now seeking some anonymity. In Andhra Pradesh, the epicentre of the worst crisis faced by microfinance in India, SKS Microfinance is playing down its identity and going into preservation mode. At its modest office in a residential colony in Warangal district, India’s largest microfinance company has taken down its board. At its head office in upmarket Begumpet in Hyderabad, it hung a cloth mesh...
More »Call of the river by Ajoy Ashirwad Mahaprashasta
In 25 years, the Narmada Bachao Andolan has introduced an alternative development discourse in India. ON the full moon night in October, hundreds of people from all over India gathered at Bhilgaon, one of the many tribal villages in Nandurbar district of Maharashtra, in the foothills of the Satpura mountain range and on the banks of the river Narmada. The place resounded with jingles, revolutionary folk songs and strains of...
More »Spirited fight by S Dorairaj
Striking workers at Foxconn India in Sriperumbudur near Chennai take on the corporate giant, demanding better wages. WORKERS at Foxconn-India in Sriperumbudur in Kancheepuram district, Tamil Nadu, have been on strike from September 24 demanding better wages. They also want the reinstatement of 24 suspended colleagues and the withdrawal of an eight-day wage cut slapped on some workers. That they have held out for so long is remarkable, not least...
More »Mayawati hikes sugarcane prices by Rs.40 per quintal by Atiq Khan
Uttar Pradesh Chief Minister Mayawati on Tuesday announced an increase of Rs.40 per quintal in the State Advised Price (SAP) of sugarcane for the 2010-11crushing season, which normally begins in November. Describing the move as historic, Ms. Mayawati said such a hefty increase in the procurement price of the three varieties of sugarcane was the maximum, as none of the State governments had given so much raise. The decision to raise the...
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