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VILLAGE MONEYLENDERS
Latest Malayalam, Tamil, Telugu, Kannada OTT releases (Mar 23 - Mar 29): Valathu Vashathe Kallan to Kaattaan, new movies and shows on Netflix, JioHotstar, ZEE5This week’s OTT lineup has a bit of everything: suspense, mystery, and plenty of comedy, showing just how varied South Indian stories can b...- Farmer sold a kidney to repay Rs 1 lakh debt that ballooned to Rs 74 lakh, but still ended up a bonded labourerA Maharashtra farmer, driven to sell his kidney due to exorbitant debt, was subsequently trapped in bonded labour in Laos. Rescued through ...
- ‘Dishom Guru’ Shibu Soren: The tribal icon who took struggle from soil to ParliamentShibu Soren, the 'Dishom Guru' and founder of the Jharkhand Mukti Morcha, passed away at 81, marking the end of an era defined by tribal ri...
- Women farmers turn village into ‘no suicide zone’Today, the village has over 200 self-help groups with 265 women as members. “The turnover of all the women’s groups put together in our vil...
- Cheque payments making farmers' lives more difficultFarmers are worried about the new debt they are taking with interest rates as high as 36% to make sure they are able to plant and look afte...
- Gujarat farmer burnt alive over loan given by moneylenderThe 55-year-old had borrowed Rs 1 lakh from Bharatsinh Rathod, whose occupation was to lend money to villagers, and had returned Rs 50,000 ...
- Why are farmers in a palpably prosperous district of Karnataka killing themselves?In the verdant district of Mandya, perennially irrigated by the winding Visvesvaraya canal, 21 farmers have committed suicide over the last...
- Decoding Karnataka debt trap: Rise of a new breed of private moneylendersA new breed of moneylenders has pushed farmers of moneyed Mandya district in Karnataka into an endless debt trap, leading to mounting suici...
- Farm trouble: Karnataka government cracks down on private moneylendersDesperate to stall the spate of farmer suicides in the state over dues to private moneylenders, the Karnataka government has directed a cra...
- In villages, credit is still all about moneylendersRBI’s argument that new banking licences are needed to achieve financial inclusion, mainly in rural areas, has new research supporting it.
- Farmers take to tech 'CoOptions' to avoid lending trapThe village moneylender, infamous as the village villain who dupes humble farmers, might become a thing of the past if Subrahmanyam Yadaval...
- MFIs: Confusion still reignsThe impact of the Andhra ordinance on MFIs must yield useful clues to design future regulatory policies.
- Issues for the Malegam CommitteeThe committee must assert that for-profit MFIs have served a useful social purpose the world over, and need a place in the Indian financial...
- Getting it right on microfinanceThere is a strong case to support Dr Y V Reddy's thesis that for-profit MFIs should be regulated on par with moneylenders.
- Misplaced concern, RBIRBI's concern over bank lending to MFIs is totally misplaced.
- 'Creating competition the only solution for financial inclusion’KC Chakrabarty, Deputy Governor of RBI, talks about regulation of the microfinance sector and on universalising financial services.
- Shibu Soren sworn in as Jharkhand Chief MinisterShibu Soren becomes the seventh chief minister of Jharkhand.
- Indian lenders give run for money to Philipino banksWhen Sarabjeet Singh flew to Manila way back in 1984, he had just US $ 25 in his pocket and a relative Shobhag Singh who was a security gua...
- No banks, so Jharkhand villagers turn to moneylendersThere are no banks in the Lawalong, Giddor and Pundda blocks. The villagers - most of them daily wagers - resort to the 150 odd moneylender...
- Will waiver cover shark loans too: Rae BareliThe words emanating from Parliament are a long way off from the dusty villages of Dalmau block in Rae Bareli.
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