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Suicide leash on lenders

Public uproar over 20 suicides in two months has forced the Andhra Pradesh government to act to regulate micro-finance institutions. On October 14, the state government brought an ordinance making it compulsory for MFIs to register themselves, declare the effective rate of interest they charge, ensure that no security is sought for loans and no coercion is used for recovery. Non-compliance will be punished with a three-year prison term and a...

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What India’s growth story conceals by Abhijit Patnaik

India’s performance at the Commonwealth Games in 2010 has been its best so far – second on the medals list.However, another kind of ‘competition’ ranked 84 countries in accordance with achievements in a different field this week. India was a lowly 67th. The field was hunger, measured by combining the proportion of people undernourished, the proportion of underweight children and the child mortality rate. The Global Hunger Index (GHI) 2010 –...

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NAC members blast execution of NREGA, call it 'anti-labour'

Members of the National Advisory Council (NAC) Aruna Roy and Jean Dreze have accused the UPA government of being “increasingly anti-labour” in their assessement of the national rural employment guarantee programme, on its fifth anniversary. With support from several activists associated with the government’s flagship social sector scheme, they have alleged that the “contractor mafia”is increasingly dominating in the states, minimising the potential to create remunerative employment through the programme. According to...

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Driven to despair by S Dorairaj

Trade unions and labour rights activists blame the high suicide rate in Tirupur, Tamil Nadu, on the practices of the garment industry. TIRUPUR has carved out a niche for itself in the world of garments. Its phenomenal growth in the highly competitive global scenario, particularly in the past two decades, has been made possible by the entrepreneurial spirit of its manufacturers and exporters and the sweat and labour of thousands of...

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India Holds Government Accountable For Millennium Development Goals by Pamela Philipose

Among the various definitions of "noise" is this one: "Something that draws public notice". And "Making Noise" is precisely what groups all over India are doing, or planning to do, in the days ahead in order to wake up the government to its promises. In the year 2000, India was among the countries that had signed on to achieve, by 2015, the United Nations Millennium Development Goals (MDGs). These goals...

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