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Govt sets up 4 panels to monitor MFIs

In a significant step towards foolproof monitoring of micro finance institutions (MFIs) and gaining first-hand information on multiple lending, excessive rural indebtedness and irregularities in the sector, the state government has constituted four working committees that would integrate various databases of SHG bank linkage, ration cards & borrowers' data being submitted by MFIs on a priority. These committees would create and maintain the website on MFIs and also help in responding...

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Orissa denies violation of FRA and CRZ norms at Posco site

The Orissa government has filed its response to the Ministry of Envionment and Forest (MoEF) regarding Meena Gupta committee’s reports on Posco project, denying all allegations about violations of Forest Rights Act (FRA) and Coastal Regulatory Zone (CRZ) at the project site. The state government has reiterated its earlier stand that there are no tribals at the Posco project site and palli sabhas had been conducted as per established procedures and...

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A non-starter from the start by Girish Agrawal

Paan kheti [betel vine cultivation] is our lifeline…why does the government want to destroy it and force us into being labourers?” asked Niranjan, a 60-plus-year-old farmer who would lose his betel vines to the Posco steel project in Orissa. This is one of the questions that haunted us,when we, a group of US-based researchers interested in the new economy of globalised India, started looking into the Posco project. We had...

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Posco hits Green hurdle by GS Mudur and Ashutosh Mishra

Steel giant Posco’s proposal for the largest foreign direct investment in India has failed to pass environment muster with a central panel picking flaws in the process to settle forest rights and approve the shortlisted site in Orissa. Three members of the four-person committee have recommended that the Union forest and environment ministry scrap its approvals while the remaining nominee has suggested that the exercise be carried out afresh. The panel’s recommendations...

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Govt to use GIS in NREGA work by Amit Agnihotri

In order to decentralise the planning, implementation and monitoring processes of the MGNREGA works, the government is planning a national strategic framework using the geographical information system (GIS). The move will help the rural development ministry bring in greater transparency and accountability in the implementation of the act as real time data would be available to it. The use of GIS will help capture existing assets (created under MGNREGA) with their location,...

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