A generally beleaguered microfinance industry was eagerly waiting for Yezdi Malegam for deliverance. Any conversation about the microfinance business would end with the expectation that the Malegam committee would deliver a healthy dose of oxygen to the choking microfinance industry. The report was expected to be the panacea for all that ails microfinance in India. The report, which came out on Monday, disappoints not only in its inability to meet these...
More »SEARCH RESULT
Total Matching Records found : 3213
Farmer suicides increase at an alarming rate by Rupashree Nanda
Some alarming revelations have surfaced from a new study. A record 2.5 lakh farmers have committed suicide in India over the last 13 years. Agriculture minister Sharad Pawar's home state Maharashtra tops the list. It has the worst record for the 10th consecutive year. According to The National Crime Records Bureau (NCRB) data, more than 2,16, 000 farmers have committed suicide since 1997. P Sainath, Rural Affairs editor for ‘The Hindu’,...
More »Failure to handle MGNREGA caused Joshi's tranfer by Anindo Dey
For Union minister C P Joshi the failure to handle the UPA goverment's flagship programme of Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) resulted in his transition from rural development to surface transport. Joshi had not acted on a letter from Congress president Sonia Gandhi to raise MGNREGA wages and also stood in contempt of an Andhra Pradesh High Court order. Joshi was earlier seen as a trusted man...
More »JNNURM: A balance sheet by M Ramachandran
Five years ago, the Prime Minister launched the Jawaharlal Nehru National Urban Renewal Mission (JNNURM), calling it the single-largest initiative of the government of India for a planned development of our cities. This unique, Rs 50,000-crore (subsequently enhanced to Rs 66,000 crore) programme to be implemented over a seven years from 2005 to 2012 focuses mainly on 65 mission cities with provision kept also for other small towns. While the...
More »1326 Indians die due to accidents, suicide every day
Every fifth person who killed himself in Maharashtra in 2009 was a farmer, recent suicide data says, nailing the state for most farm suicides for the tenth year in a row. Nationwide, 17,368 farmers killed themselves in 2009, 7% more than the count in 2008. The data is part of National Crime Records Bureau`s annual report of deaths and suicides across the country. Overall, India reported 418 accidental deaths a day...
More »
