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Centre plans to restrict interest rate of MFIs

The Centre is planning to impose a ceiling of 18 per cent on the interest rate charged by MFIs on loans to SHGs. This was indicated by Union Finance Minister Pranab Mukherjee to Chief Minister K. Rosaiah during a telephonic conversation recently. Disclosing this at a media conference here on Monday, Minister for Rural Development V. Vasanth Kumar and Minister for Agriculture N. Raghuveera Reddy said Mr. Mukherjee informed that the...

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'More than 50% Indian kids face sexual abuse' by Ashis Ray

In a shocking revelation, more than 50% children interviewed for a survey in India to determine the extent of violence against them said they had faced sexual abuse. In total, 12,500 school kids in 13 states between five and 18, as well as otherwise, took part in the research. The report by Plan International, a children's organization here, said India is dubiously ranked third among 13 countries in terms of estimated...

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Ending The Kerala Model by Apoorva Shah

In 1957, the Communist Party of Kerala became the first democratically elected communist government in Asia. While many in the West feared that this election would help communism spread across South Asia and make Kerala the "Yan'an of India", the Keralite communists' actions were checked by Jawaharlal Nehru and the Congress party's control of the federal coffers. Instead, from within the political bounds of India's divided government, Kerala initiated what has...

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Cut-Rate Democracy by Pranjoy Guha Thakurta

Two years ago, when I told some of my more cynical fellow-tribals from the journalistic fraternity that I was about to complete a textbook on media ethics, they smirked. Media ethics? That’s an oxymoron, a contradiction in terms, they said glibly. What became apparent to me then was that the image of the journalist in India has taken quite a battering. There are many among the aam admi who still...

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India malaria deaths hugely underestimated, says report by Ania Lichtarowicz

The number of people dying from malaria in India has been hugely underestimated, according to new research. The data, published in the Lancet, suggests there are 13 times more malaria deaths in India than the World Health Organization (WHO) estimates. The authors conclude that more than 200,000 deaths per year are caused by malaria. The WHO said the estimate produced by this study appears too high. The research was funded by the US National...

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