Safar Ali Mollah, 18, a paddy farmer, committed suicide by drinking pesticide at Kalitikuri village under Bhatar police station area on Friday night. Only three days ago, Bhabani Porel (45), paddy farmer of Chanduli village under Burdwan Sadar Police Station area committed suicide by hanging from a tree. Safar was unable to sell paddy crop at the Minimum Support Price (MSP) stipulated by the state government which landed him in a...
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For urban poor, Govt plans to stand guarantee for Rs 5-lakh Home Loans by Smita Aggarwal
The Government is finalising the blueprint for a scheme to enable a vast majority of the urban poor to own a house. The housing and urban poverty alleviation (HUPA) ministry has proposed to stand in as guarantor for Home Loans up to Rs 5 lakh. Under the scheme, banks would be reimbursed up to 90 per cent in case the poor default on these loans. The scheme, targeting those earning less than...
More »Home voices against Anna by Jaideep Hardikar
Vilas Bhagwan Pote grins as he recalls his election as sarpanch of Ralegan Siddhi, Anna Hazare’s village in Ahmednagar district, 11 years ago. “I was the traitor, the bad guy,” he jokes. “I openly defied Anna because I felt he was wrong.” Pote, a Dalit charmakar (cobbler) then in his 30s, had been unhappy as the 2000 panchayat polls drew close. As always, Anna had nominated a new executive body for the...
More »A spirit unbowed by Barun Roy
The death recently in Nairobi of Kenyan environmental crusader and 2004 Nobel Peace Prize winner Wangari Maathai brings to mind the work of another development activist and Nobel peace laureate (2006), Muhammad Yunus of Bangladesh. Their fields were different but their goals were the same: empowering poor, ordinary women for social and economic growth. Perhaps it’s no coincidence that this year’s Nobel Peace Prize has gone to three women who are...
More »Education subsidy plan misses target by Prashant K Nanda & Remya Nair
An ambitious scheme to make higher-education loans more attractive to poor students has failed to meet its target because of inadequate marketing and lack of coordination among various agencies. The scheme, launched in 2010 by the human resource development (HRD) ministry, gives full interest subsidy (a student will not have to pay the interest for the loan he or she avails) to students from families earning less than Rs.4.5 lakh a...
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