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Small loans add up to lethal debts by Erika Kinetz

-AP The microfinance industry pursued a path of rapid business growth in recent years; two investigations now link it to debtor suicides   First they were stripped of their utensils, furniture, mobile phones, television sets, ration cards and heirloom gold jewellery. Then, some of them drank pesticide. One woman threw herself into a pond. Another jumped into a well with her children. Sometimes, the debt collectors watched nearby. More than 200 poor, debt-ridden residents of...

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JNNURM, farmers’ loan waiver scheme under CAG lens by Pradeep Thakur

 The Comptroller and Auditor General (CAG) is giving final touches to two reports where it has pointed out anomalies in allocation of funds under the centrally-runJNNURM scheme and UPA government's debt waiver to farmers in 2008, something the opposition may use as a stick to beat the government during the budget session.  In the Jawaharlal Nehru National Urban Renewal Mission (JNNURM), the CAG, sources said, is reviewing how central funds were...

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Born at 44 by Richard Mahapatra

Odisha village gets pattas after nearly half a century. Land reform programmes get jumpstart They say home is where the heart is, but that’s not always true. Ask Arakhita Pradhan, resident of Chilipoi village in Odisha’s Ganjam district. On a cold evening some 44 years ago, the authorities forcefully shifted him and his neighbours to a place where no civic amenities existed. Reason: the state had built an irrigation dam that...

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Long on Aspiration, Short on Detail by Sujatha Rao

The recommendations of the Planning Commission’s High Level Expert Group on Access to Universal Healthcare are significant because they make explicit the need to contextualise health within the rights. However, the problem with the report is that it does not ask why many of the same recommendations that were made by previous committees have not been implemented. The HLEG neither recognises the problems, constraints and compulsions at the national, state...

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Belittling CAG Diminishes Parliament’s Effectiveness by BP Mathur

The Comptroller and Auditor General’s Report on the 2G Spectrum has created a great deal of controversy and his role is being questioned. The Public Accounts Committee could not finalise its report due to the splitting on the issue on party lines. The JPC currently examining the matter has taken an unprecedented step of taking evidence of a junior officer of the CAG’s set up, since retired, and quizzed the...

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