The case of the Food Security Bill gets curiouser and curiouser. What started off as a fight between universalization and targeting has ended (or so it would seem) in a complete victory in the National Advisory Council, Government of India (NAC) for targeting through universalization (if such a thing was possible), with the honourable exception of Prof Jean Dreze, who has to be commended for his ‘note of disagreement’. On...
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Centre and states labour over NREGA wage fineprint by Seema Chishti
The Centre and states may vie to take credit for the MNREGS, but when it comes to footing the Bill for the job guarantee scheme, the story is different. Asking the Centre to notify new, revised wage rates “at the earliest” is, interestingly, a Congress-ruled state—Rajasthan. It also happens to be the home state of minister for rural development C P Joshi. Rajasthan principal secretary CS Rajan last week sent a letter...
More »Staff of microfinance companies held on harassment charge
The Andhra Pradesh Police on Friday said it has arrested three people working with SKS Microfinance and Spandana on a complaint of harassment by a borrower, and might book the companies' respective promoters Vikram Akula and Padmaja Reddy under a new Ordinance to check coercive methods of loan recovery. The borrower, Ammulu, filed the complaint with the Yemmiganur police station in Kurnool district, about 270 km from Hyderabad, last night. A...
More »Suicide leash on lenders
Public uproar over 20 suicides in two months has forced the Andhra Pradesh government to act to regulate micro-finance institutions. On October 14, the state government brought an ordinance making it compulsory for MFIs to register themselves, declare the effective rate of interest they charge, ensure that no security is sought for loans and no coercion is used for recovery. Non-compliance will be punished with a three-year prison term and a...
More »The mass job guarantee by Aruna Roy & Nachiket Udupa
The sea change that India’s national scheme for rural employment guarantee has accomplished is hard to fathom, its vastness touching the lives or more than 100 million people. The National Rural Employment Guarantee Act of 2005 (NREGA, subsequently renamed after Mahatma Gandhi, or MGNREGA) was a landmark in Indian legislation. Under the act, as of April 2008, for the first time in India’s history, all rural citizens have a legal right...
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