Three farmers allegedly committed suicide following damage to their crop due to frost and extreme cold wave conditions in Chhatarpur and Vidisha districts of Madhya Pradesh. The suicides were reported last night. Kunjilal Ahirwar (28) ended his life by hanging self himself to a tree in his field at village Pathada in Chhatarpur district, after frost damaged his crop in five acres, his wife Bhagunti Bai said. In another incident,...
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Microfinance: misunderstood, Malegamed by MS Sriram
A generally beleaguered microfinance industry was eagerly waiting for Yezdi Malegam for deliverance. Any conversation about the microfinance business would end with the expectation that the Malegam committee would deliver a healthy dose of oxygen to the choking microfinance industry. The report was expected to be the panacea for all that ails microfinance in India. The report, which came out on Monday, disappoints not only in its inability to meet these...
More »Mamata & Left in oil protest chorus
Mamata Banerjee today asked the government to withdraw its decision to decontrol oil prices, the demand coming on a day arch-rival Left announced a weeklong protest from early next month over the petrol price hike. Both spoke of the burden on the masses as the bitter enemies rehearsed for poll battles ahead: in Bengal, where Mamata is looking to topple the Marxists, and in Kerala, where the ruling Left is on...
More »Price pressures in vegetable soup by Saumitra Chaudhuri
The past several months have seen much tumult. From the Commonwealth Games (CWG) to 2G, with garnishing from the Adarsh housing cooperative and the loan fraud, all have provided high octane fodder to Indian politics and the media. However, since the last week of December 2010, another element has intruded into the political/media space, and that is the rising prices of vegetables. Vegetable prices show a seasonal variation, with prices dropping...
More »Govt hikes Nrega wages
Chief minister N Kiran Kumar Reddy has decided to enhance the daily wages under the National Rural Employment Guarantee Act (Nrega) to Rs 121 from the existing Rs 100. The job card holders who have completed the existing maximum limit of 100 days of employment under Nrega A will also now be employed for an additional 25 days. A decision to this effect was taken by Reddy at a review meeting. Crop...
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