sks microfinance bosses sell shares in the company before its IPO.
Plans by Vedanta Resources to mine bauxite in Niyamgiri in Orissa, already delayed by vehement protests from non-governmental organisations, seem likely to suffer further damage—quite possibly terminal—as the Congress reaches out to India’s tribal population, sections of which have come under the influence of the grand old party’s arch rival BJP while others have fallen […]
The plan by the London-based Vedanta Resources to mine bauxite in Orissa a key part of a giant aluminium complex which the company is building in the mineral-rich eastern state could be jeopardised if the Environment Ministry accepts the findings of a report by a government appointed committee. The complete story, here.
On the ground… the MFIs’ growth is creating an unnerving situation. Even among those in the industry, there are fears of a mass-delinquency. In fact, Andhra is the most penetrated market in the world, on par with Bangladesh, says Daniel Rozas, a contributor at industry blog Microfinacefocus.com. “The state was already at 6% overcapacity a […]
why do most development programmes result in unforeseen outcomes? because… Interventions in rural India — by companies and government — are surrounded by tens of thousands (if not lakhs and millions) of people looking for ways to improve their lot in life. As they try to use these interventions in a manner that will maximise […]