Time magazine picked him as one of 100 people shaping our world. Today, he’s held responsible for bringing an exciting, inspirational business into disrepute. Oh, and his wife says he beat her and snatched their son. There could not be a more controversial torchbearer than Vikram Akula for an industry as quintessentially Indian as microfinance, the business of providing the poor with loans, as small as R5,000, secured not with...
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Obama Visit and Indian Agriculture: Profit Surge for American MNCs and Peril for Indian Farmers! by Vijoo Krishnan
A lot has been said and written about the visit of Barack Obama, the President of USA to India. The corporate media was in the usual over-enthusiastic drive to bring to its readers and viewers all minute details about his visit from where he stayed and what he ate to how many warships, planes and cars accompanied him and how a whopping $200 million was spent per day for the...
More »In Rajasthan, MNREGS workers score a victory by Sunny Sebastian
After 47 days of their sit-in, government agrees to pay prevailing minimum wage From a black Diwali to a colourful Id! For hundreds of labourers who sat on dharna from October 2 near the Statue Circle here to press their demand for minimum wages under the MNREGS (Mahatma Gandhi National Rural Employment Guarantee Scheme), it was celebration time on Wednesday. After 47 days of sit-in protest, which was preceded by a...
More »Mass migration of farmers from Bharat to India a worrisome trend by Nafisa Islam
The mass migration of farmers moving to urban India is becoming a worrisome trend, said planners at a seminar in the Indian Capital. “Many peasants want to leave agriculture, sell land and migrate to cities,” Arvind Mayaram, Additional Secretary and financial advisor to the Ministry of rural development told the India Economic Summit of the World Economic Forum on Monday. Seventy per cent of India’s 1.1 billion people currently live in villages,...
More »Bengal’s migrant underbelly: Delhi tragedy rips a veil by Devadeep Purohit, Imran Ahmed Siddiqui amd Rith Basu
At least 29 of the 66 migrants crushed to death in east Delhi when a building collapsed on Monday night hailed from Bengal. The figure signposts the exodus of an abandoned generation and the inability of a state to retain its young or equip them for a better life elsewhere. The death of so many Bengalis has brought out in the open troubling issues that policymakers — both in the state...
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