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Govt May Regulate MFIs

Taking a serious note on the suicides due to the purported harassment or embarrassment caused by the collection agents of Micro Finance Institutions (MFIs), Minister for Rural Development, IKP, Pensions, NREGP and Self-Help Groups, Vatti Vasanth Kumar stated that the government was contemplating making an Act to streamline the operations of MFIs in AP. Talking to media persons in the New Delhi, the minister said that the government would frame rules and...

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Nine firms selected to provide urban amenities in rural areas

In a first step of its kind, nine private companies have been shortlisted by the Union rural development ministry to develop infrastructure in the rural areas and maintain it for a period of 10 years. The project, envisioned as part of former President A P J Abdul Kalam’s pet scheme, Provision of Urban Amenities in Rural Areas (PURA), will see these nine private players undertaking pilot projects in January next year...

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Don’t quit mining, give options to tribals: Pranab Mukherjee

Finance minsiter Pranab Mukherjee has favoured a balanced approach on the issue of displacement of tribals due to mining projects, saying that solution does not lie in stopping these projects altogether. “Answer does not lie in the companies stopping mining activities. Answer lies in providing alternatives to those displaced... in what form we can compensate them and make them beneficiary of economic development,” Mr Mukherjee said at a coal summit on...

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Towards another green revolution by NV Krishnakumar

Soon, the National Food Security Act  will become law. The ruling United Progressive Alliance flagship social security programme of providing every Below the Poverty Line (BPL) family with 25 kg of rice or wheat at Rs 3 per kg per month is a welcome step to alleviate some of the human trauma that haunts the poor in our country. The government also hopes that the Act will secure freedom from...

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India’s real scandal by Ashoke Chatterjee

Exposed, untreated excrement can kill by the million. One of the hardest-won UN Millennium Development Goals (MDGs) is a 2015 target of halving the proportion of those without sustainable access to safe drinking water and adequate sanitation. Even if achieved, the target would still leave some 500 million on the planet without this basic requirement for survival and dignity. As many as 79 per cent of rural and 46 per...

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