Latehar, Hazaribagh and Gumla in Jharkhand, Bastar in Chhattisgarh, Chandrapur in Maharashtra, the Jaintia Hills in Meghalaya… the list goes on. These are all districts in India where mining companies are locked in a battle with the local population over the mining rights in these regions. Other than fighting mining companies, there are two factors common to all these regions. One, they have fertile land and dense forests. Two, indigenous tribes...
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Big concerns over small loans by Bindu Ananth and Nachiket Mor
Microfinance is an effective tool for financial inclusion. Here are some elements of the recently embattled sector The recent controversy surrounding the microfinance sector has entirely eclipsed the fact that it is the first effort in India to have delivered financial services to remote corners of the country in a self-sustaining manner. The stakes are high for India’s poor, and we have to pave the way for orderly growth in the...
More »Microfinance under severe stress by CRL Narasimhan
The accusation of ‘coercive' practices to recover the loans has been laid at the doors of some leading players Micro Finance institutions (MFIs) that are for profits are in the news for the wrong reasons. The ‘for profit' MFIs have grown spectacularly in recent times. But along with the large profits have come allegations of sharp practices. In Andhra Pradesh, where such MFIs have a sizable presence, the climate has now drastically...
More »More about Dalit hopes and despair by S Viswanathan
Last week's column, “The plight of Dalits and the news media” (October 25, 2010), has generated a lively and interesting response from several readers. The column was about the prioritisation of the tasks before the National Commission for the Scheduled Castes (NCSC) by its new Chairman, P.L. Punia (not P.J. Punia as erroneously mentioned in the column.) The concern of most who wrote was over the failure of successive governments...
More »Nationwide Monitoring of Mobile Tower Radiation Levels from November 16 – Sachin Pilot
The Union Minister of State for Communications & IT, Shri Sachin Pilot has said today that nationwide random testing of radiations emitted by mobile towers will commence from November 16, 2010 onwards by the Telecom Engineering and Resource Monitoring (TERM) Cells. The progress in this regard and compliance levels will be monitored centrally, and non-compliance will result in fines and penalties envisaged in existing guidelines and amended license conditions, including...
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