“Schools and hostels now being occupied by security forces must be vacated” Supreme Court orders police protection to one of the petitioners With the petitioners in the ongoing PIL case on Salwa Judum asking for the formation of a high-level committee to oversee the rehabilitation of displaced persons in Chhattisgarh and deal with criminal matters arising from the activities of the state-sponsored anti-Naxal movement, the Centre, through the Solicitor-General, on Thursday told...
More »SEARCH RESULT
New loan sharks by S Nagesh Kumar
The rural poor in Andhra Pradesh, a State showcased as a model for SHG-bank linkage, are caught in the vortex of microfinance. WITHIN a decade of their coming into operation, microfinance institutions (MFIs) have dealt a serious blow to the economy and the well-being of thousands of families in rural Andhra Pradesh. Harassment by their collection agents has allegedly driven at least 60 borrowers to death, and the number is...
More »Ending misuse of land acquisition laws by Ram Singh
Frequent and unrelenting protests against land acquisition seem to have compelled political parties to take the issue seriously. The Centre has promised to introduce a redrafted land acquisition Bill during the winter session of Parliament. As per official pronouncements, the Bill will provide for higher compensation to the affected parties. Besides, acquisition for private companies will be restricted to less than 30% of the total land required for the project. However,...
More »Illegal financial flows: the great drain robbery by P Sainath
India has lost nearly a half-trillion dollars in illegal financial flows out of the country, says a new study by Global Financial Integrity. India is losing nearly Rs.240 crore every 24 hours, on average, in illegal financial flows out of the country. The nation lost $213 billion (roughly Rs.9.7 lakh crore) in illegal capital flight between 1948 and 2008. However, over $125 billion (Rs.5.7 lakh crore) of that was lost in...
More »Net-savvy villager reveals $21 Million fraud
Being obsessed with Google, a betel shop owner has exposed the Mahatma Gandhi National Rural Employment Guarantee Act (NREGA) scam in Porbandar where most of the laborers mentioned in the list of beneficiaries were affluent NRIs, doctors in real life, who had never been a part of any job scheme. They have been shown as unemployed village labourers holding NREGA job cards, reports Hiral Dave of the Financial Express. The...
More »