A generally beleaguered microfinance industry was eagerly waiting for Yezdi Malegam for deliverance. Any conversation about the microfinance business would end with the expectation that the Malegam committee would deliver a healthy dose of oxygen to the choking microfinance industry. The report was expected to be the panacea for all that ails microfinance in India. The report, which came out on Monday, disappoints not only in its inability to meet these...

The farmers in Madhya Pradesh are feeling devastated and over a half-a-dozen of them have even committed suicide in a short span of time in different parts of the state.   In the last one month, farmers have committed suicide in villages across Bhopal, Sehore, Chhindwara, Damoh, and Sagar districts. The farmers’ plight had surfaced in a big way when thousands of farmers under the banner of Bharatiya Kisan Sangh had converged...

The Centre has decided to send a team of the Planning Commission to the State to find out the reason behind large number farmer suicides. Prime Minister Manmohan Singh told this to a group of Youth Congress leaders from the State, led by president Pradip Majhi, who met him in Delhi on Saturday. The delegation told the Prime Minister that more than 2,000 farmers had committed suicide in Orissa during last 10...

In economic terms, it may sound vague that agricultural advances are touching Rs 30,000 crore when incidences of farmers committing suicide are on the rise in Madhya Pradesh. Over the last fortnight, three farmers have committed suicide and another is battling for life. State authorities are lending a deaf ear to the going-abouts. Against the banking details of a farmer, Shivprasad, who committed suicide on January 8 reportedly due to debt-strain,...

Depressed over his crop getting damaged due to frost, a farmer attempted suicide by consuming pesticide in Madhya Pradesh's Damoh district Monday. It was the second such incident in the past three days in the district. The BJP government denied that any farmer had tried to kill himself due to debt. State Minister and government spokesperson Narottam Mishra told reporters: 'No farmer has committed suicide due to debt and there is...