-The Telegraph Guwahati: The World Bank has warned the Assam government that the loan amount sanctioned for the Assam State Roads Project may be slashed if the pace of implementation does not improve by March 2017. In the implementation status and results report of the project, released on December 21, the bank said the Assam State Roads Project is unlikely to achieve the project development objective due to poor progress and the...
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The mother of all disruptions -Jean Dreze
-The Hindu The tremendous power of the software industry in India may help explain why the disruptive effects of demonetisation are being taken lightly Evidence is mounting of the disruptive effects of the recent move to renew currency notes, known as “demonetisation”. Disruption is actually a mild expression. What is happening is a catastrophe for large sections of the population. Farmers have dumped vegetables by the roadside for want of a remunerative...
More »India Will Be Hard-Pressed to Find Another Anupam Mishra -Himanshu Thakkar
-TheWire.in In November, after a very cogent public speech on India’s rivers, he was completely exhausted and in pain. But that he came anyway showed his dedication. “I need to go and pay respect to the people fighting for India’s rivers” insisted the weak Gandhian, barely able to walk, on November 28. In his speech at the India Rivers Week’s inaugural ceremony on that day, Anupam Mishra, with his characteristically wry humour,...
More »Demonetisation effect: Cash-starved anganwadis struggle to feed children -Subodh Varma
-The Times of India There is a trace of pride in Nisha Chaurasiya's voice as she complains of how she and her co-workers in an anganwadi in Rajnandgaon district of Chhattisgarh struggled to provide food to babies and children, and to expectant women, since demonetisation took effect on November 8. "The self-help groups borrowed money from everybody, stood in bank queues, pleaded with officials and even spent from their own meagre savings...
More »Probe for loan torment -Jaideep Hardikar
-The Telegraph Nagpur: A special investigation team will probe the alleged harassment of poor women borrowers in Maharashtra by loan recovery agents of micro-finance institutions, the state government announced today after month-long street protests and an Assembly debate. Junior home minister Deepak Kesarkar assured an agitated Assembly that the state was considering a law similar to one Andhra Pradesh had enacted in 2011 to regulate the MFIs' lending and loan recovery practices. About...
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