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Journalist P. Sainath Wins Japan's Fukuoka Grand Prize 2021

-TheWire.in Sainath dedicated the prize to his fellow journalists who are reporting from rural India and to PARI, the news website he founded in 2014. New Delhi: Renowned journalist P. Sainath was the recipients of the Fukuoka Grand Prize 2021, one of Japan’s top awards open to people from all Asian countries for “investigate[ing] impoverished farming villages in India, listen[ing] to voices from the rural population”. The Fukuoka Prize has three categories, Academic...

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As Dharamshala grows, the city eats into the forest -Meenakshi Kapoor

-India.Mongabay.com * Earlier this year, the Supreme Court of India ordered the demolition of a hotel strucTure built in 2006 under the garb of a bus stand and parking lot in Dharamshala. The High Court of Shimla has, more than once, asked the state to act against violations. * Dharamshala has witnessed rapid growth which has often spread into the forests. The state action, however, has been targeted towards small encroachments. The...

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The state of India’s poor must be acknowledged -Seema Chishti

-The Hindu This is ‘abject poverty’, and if the economy is to be repaired, the number of the poor has to be meticulously counted The son of a corn merchant-Turned sociologist, Charles Booth had little patience for Charles Dickens and others in his time, who used lyrical prose to describe the desperation of the poor in working class London. Booth was also angry, in 1885, over the claims made by F.D. Hyndman,...

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Rural term deposits fall for first time in eight years -Vivek Kaul

-Livemint.com As of 31 March, the total outstanding term deposits with banks in rural India contracted by 1.05% to ₹6.99 trillion from a year earlier Every three months, the Reserve Bank of India (RBI) declares region wise data for term deposits. As of 31 March, the total term deposits of commercial banks in India rose 8.42% to ₹86.4 trillion from a year earlier. Term deposits are money that depositors keep in a bank...

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Chinese loan apps misuse KYC details of Indians to set up fake bank accounts -Mithun MK

-TheNewsMinute.com There have been cases of people saying that their KYC details, which were shared with the Chinese loan apps, were used to open bank and crypto exchange accounts in their names, without consent. Shonali*, a 48-year-old lecTurer from West Bengal was laid off from a private university in March 2020. The lecTurer, facing financial stress, Turned to Chinese-owned instant loan applications that provide microloans without collateral, but at high-interest rates. Shonali...

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