MFIs in Andhra Pradesh are paying for the sins of their past. Market for new loans has dried up, banks have turned off their spigots while the AP government is content to sit back and watch. It has been eleven months since the Andhra Pradesh government issued an ordinance—later converted into the Andhra Pradesh Micro-Finance Institutions (Regulation of Money Lending) Act—which, the microfinance industry hoped, would be the magic remedy that...

In Uttar Pradesh's most impoverished region, Bundelkhand, government officials feed off not just the living but also the dead. Headlines Today has exposed how corrupt officials exploit the grieving families of farmers, who have committed suicide.   In a visit to Bundelkhand in 2008, AICC general secretary Rahul Gandhi repeated a phrase borrowed from his father Rajiv Gandhi: "Out of 100 paise, only 15 paise reaches the poor".   While travelling through this dustbowl...

India registered a good 8.5 percent GDP growth in 2010-11 staving off the global impact of recession mainly due to the major recovery in the agriculture sector. The recorded foodgrain production in 2010-11 was the outcome of the initiatives of the state governments, the union government has now acknowledged. It was an innovation's galore to say the least if one takes into consideration the efforts of the 10 states that went...

A recent ILO report focusses on the discrimination in employment opportunities and remuneration and wants governments to act. IN recent years, one of the predominant concerns of international organisations, especially those that have a “rights” perspective, has been the impact of the global downturn on various vulnerable sections across the world. Notwithstanding the fact that many countries have signed and ratified conventions of the International Labour Organisation (ILO) and are...

-The Economic Times   Over half the country's workforce is self-employed and women receive less pay than men for similar jobs, latest government data shows. While 51% of the country's total workforce are self-employed, only 15.5% are regular wagers or salaried employees and 33.5% casual labourers, according to a survey by the National Sample Survey Office (NSSO), the key findings of which were released on Friday. The number of people selfemployed...