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Decoding Karnataka debt trap: Rise of a new breed of private moneylenders -Sowmya Aji

-The Economic Times MANDYA: A new breed of moneylenders has pushed farmers of moneyed Mandya district in Karnataka into an endless debt trap, leading to mounting suicides, even as the institutionalised credit system has failed them. The system is so well entrenched that the borrowers themselves are taking steps to protect the moneylenders from a government crackdown on the practice. Farmers — big, small and marginal — have taken loans from private...

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Thirsty in a Wi-Fi-wala village -Sarita Brara

-The Hindu Business Line Digital dreams are cheaper than a pot of drinking water in Tila Shahbazpur, near Delhi A Wi-Fi-enabled village with no potable water! Yes, this is Tila Shahbazpur, which was in the news a few months ago as the first village in Uttar Pradesh to get Wi-Fi connectivity. “While [Delhi Chief Minister Arvind] Kejriwal is yet to fulfil his promise, we have done it in no time,” boasted Samajwadi Party...

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Why poverty is development’s best friend -G Sampath

-The Hindu The ‘development’ discourse serves the same purpose as the colonial apparatus but without the bad press. After 67 years of failing to eliminate deprivation in India, is it time to look for new ideas? The Socio-Economic and Caste Census (SECC) 2011, which hit the headlines earlier this month, tells us that half the households in rural India are landless, dependant on casual manual labour, and live in deprivation. By suggesting...

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Tribal alienation in an unequal India -Mihir Shah

-The Hindu Thanks to the caste system, India has always been an unequal society. What is even more worrying is that inequality appears to have deepened in the past two decades The Boston Consulting Group’s 15th annual report, “Winning the Growth Game: Global Wealth 2015”, has received extensive coverage in the Indian media. The report comes on top of the Global Wealth Databook 2014 from Credit Suisse, which provides a much more...

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Net neutrality report to be out soon, waiting for TRAI: Telecom Minister

-PTI The telecom department is waiting for the report from sectoral regulator TRAI Telecom Minister Ravi Shankar Prasad on Saturday said the government will soon come out with its report on the controversial issue of net neutrality and the telecom department is waiting for the report from sectoral regulator TRAI. “Report of net neutrality will be out very soon but we are waiting for TRAI report on the issue,” Telecom Minister Ravi Shankar...

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