The year 2010 was a tumultuous one for micro-finance institutions (MFIs) in India. It began with the highly successful SKS Microfinance public issue, which prompted other prominent MFIs to announce similar plans. It ended with the tumult in Andhra Pradesh which was marked by the state’s legislation to regulate the sector, severely impairing its ability to survive. MFI recoveries are down and they, in turn, have fallen behind in their...

The wife of a leading Indian human rights activist who has been sent to prison for helping Maoist rebels has said she may seek "political asylum". Ilina Sen, wife of Dr Binayak Sen, told reporters that she and her family were "not feeling safe in India" after her husband's incarceration. Last month Dr Sen was found guilty of carrying messages and setting up bank accounts for the rebels. Activists say the evidence against...

Once the unique identification (UID) project is fully launched, it will also serve as the number to track PF accounts of individuals. Most importantly , this number will not only help in online checking of the status of the account but also to ensure a smooth transfer once a person changes jobs. Labour secretary P C Chaturvedi says this will happen in the second phase of digitization of EPFO but the...

Slamming the Central government’s stand on the use of toxic pesticide endosulfan as leading to “a grave violation of human rights”, the National Human Rights Commission has called for a nation-wide ban. India should also agree to a global ban, said the Commission, which also recommended higher compensation for victims. In its report submitted on Friday, the NHRC panel accused the government of ignoring the National Institute of Occupational Health’s study...

Many endosulfan sufferers in Kerala still not recognised NARAYANA Vokalliga from Belur village in Kasaragod breathed his last on November 20 just as his son was explaining how his father had suffered from exposure to endosulfan for 30 years. The former employee of the Plantation Corporation of Kerala used to spray the toxic pesticide manually in the corporation’s cashew plantations at Nanjamparamba estate. When the corporation switched to aerial spraying, Narayan prepared...