Microfinance

Microfinance Fire – Rahul Gandhi cancels AP visit

TDP steps up its attack on AICC general secretary Rahul Gandhi over the microfinance institutions (MFIs) issue.

Rahul Gandhi heaped praise on microfinance institutions like SKS. Is it because SKS Microfinance’s profits surged from as low as Rs two crore in 2008 to Rs 174 crore now ? Is it for the same reason that UPA chairperson Sonia Gandhi honoured SKS chief Vikram Akula with the best entrepreneur award ? ” TDP politburo member Yanamala Ramakrishnudu questioned. Read more on Outlook

Rahul Gandhi microfinance


Rahul Gandhi dragged into Andhra Pradesh micro loan mess

Congress general secretary Rahul Gandhi cancelled his Saturday visit to Hyderabad owing to the controversy over his alleged support to microfinance institutions, the Opposition has claimed.

Opposition leaders claimed that Rahul opted out of the meeting at the eleventh hour because of likely protest marches against his alleged support to the MFIs. Read more on India Today


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