rahul gandhi, the general secretary of India’s Congress party, often says that there exist “two Indias” — one of the rich, and one of the poor. Those two Indias were in evidence a couple of weeks ago, when closely timed events on opposite sides of the planet brought into relief the deep divides that in many ways define this country. In Mumbai on Nov. 7, President Barack Obama told a group of...
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New loan sharks by S Nagesh Kumar
The rural poor in Andhra Pradesh, a State showcased as a model for SHG-bank linkage, are caught in the vortex of microfinance. WITHIN a decade of their coming into operation, microfinance institutions (MFIs) have dealt a serious blow to the economy and the well-being of thousands of families in rural Andhra Pradesh. Harassment by their collection agents has allegedly driven at least 60 borrowers to death, and the number is...
More »Behind the curve
In the first week of September, two things happened in western Uttar Pradesh. The first is that a township that was supposed to be constructed in Aligarh district as part of the Yamuna Expressway project was scrapped. The second was that the UP government announced a revised compensation scheme for the acquisition of land. And now, more than two months later, that bears fruit: the township is back on, and...
More »Amnesia symptom in Naveen's anti-dam cry
An inter-state tussle triggered by a national issue has brought to light how amnesia has afflicted the Orissa government. Orissa chief minister Naveen Patnaik had demanded three days ago that a public hearing should be held in villages that will be affected by the proposed Polavaram hydel project in neighbouring Andhra. Documents available with The Telegraph suggest that the same Naveen government had a year ago rejected a request by Andhra to...
More »Land acquisition bill listed for winter session
Even as railway minister Mamata Banerjee opposes government’s role in acquiring land for private companies , the contentious land acquisition (amendment) bill figures in the list of business for the winter session of Parliament beginning next week. The bill has been hanging fire in the wake of opposition from the Trinamool Congress leader, who recently skipped a meeting convened by finance minister Pranab Mukherjee to evolve a consensus within the ruling...
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