The poster boy of microfinance is now seeking some anonymity. In Andhra Pradesh, the epicentre of the worst crisis faced by microfinance in India, SKS Microfinance is playing down its identity and going into preservation mode. At its modest office in a residential colony in Warangal district, India’s largest microfinance company has taken down its board. At its head office in upmarket Begumpet in Hyderabad, it hung a cloth mesh...

Policy-makers, Media and government functionaries have had their say on implementation of the Right to Education Act, but the voices of children in this regard are yet to be heard, Child Rights and You general manager Anita Bala Sharad said here on Thursday. In an effort to factor in the views of children in the discussions on the RTE, CRY held a press conference in which six children from Delhi, Uttar...

Can we afford to leave MG-NREGA alone? Why is the civil society crying foul? Are the rural activists demanding too much? Is the UPA-II trying to take back what UPA-I gave before the elections? Let us face it, the MG-NREGA is in a big crisis. NAC members like Aruna Roy and Jean Dreze have alleged (See links below) that the present remuneration of rural workers is declining by the day and it...

Several newspapers and TV channels, some of them among India’s biggest, have claimed credit for exposing the Adarsh society scam in which the who’s who of India’s defense and political establishment are involved. The scam exposes the nexus between bureaucrats, politicians and unscrupulous defense service officers. Obviously it wouldn’t be anyone’s ‘exclusive’ if so many newspapers and channels broke the news. Or else there would be one journalist who reported...

OC's expenditure overshot its budget by Rs. 638 crore The OC has taken Rs. 2,307.82 crore in loan, well above the originally approved amount M.S. Gill admits that there were no earnings from advertisements as such The Commonwealth Games Organising Committee (OC) has fallen more than 80 per cent short of its revenue target, according to Union Sports Minister M.S. Gill. While the OC was expected to generate Rs. 1,708 crore, it only managed...