MFIs in Andhra Pradesh are paying for the sins of their past. Market for new loans has dried up, banks have turned off their spigots while the AP government is content to sit back and watch. It has been eleven months since the Andhra Pradesh government issued an ordinance—later converted into the Andhra Pradesh Micro-Finance Institutions (Regulation of Money Lending) Act—which, the microfinance industry hoped, would be the magic remedy that...

On petition filed by Tata Motors challenging the Constitutional validity of the Singur law The West Bengal government will commence its arguments on the petition filed by Tata Motors challenging the Constitutional validity of the Singur Land Rehabilitation and Development Act 2011 before the Calcutta High Court on Wednesday. West Bengal's Advocate General Anindya Mitra will begin his submissions before Justice I. P. Mukerji followed by other counsel on the government's panel. Apart...

Monija Khatun has not got her salary as ad-hoc teacher for 17 months, youth in Soliya village in Jharkhand have got no work under Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGA) for the last five months and half of the newly constructed wells have collapsed in another village. These are just a few stories from a Naxal affected district of Jharkhand, where people feel alienated from the development process, even...

The Supreme Court said the RTI Act is not meant to be a “tool for oppression” of public authorities, saying the nation cannot afford to have the honest public official bogged down with all and sundry requests unrelated to corruption. “The nation does not want a scenario where 75 per cent of the staff of public authorities spends 75 per cent of their time in collecting and furnishing information to applicants...

Pulls up DoT for not getting an assurance from Rural Development Ministry A Parliamentary committee has asked the Rural Development Ministry not to debar those having telephone connections from inclusion in the Below Poverty Line (BPL) list as it could have negative impact on the growth of rural tele-density. It has criticised the Department of Telecommunications (DoT) for not getting an assurance from the Ministry of Rural Development (MRD) for non-inclusion...