Should Microfinance be regulated? And the role of Media!

As part of my daily routine I checkout VCCircle, and generally, the quality of its articles is good (certainly way better than majority of print media). But I think this particular post reeks of hypocrisy.

Lets replace, the Micro Finance sector with the media sector. You would agree that role of Media is to inform objectively. I am sure that many in the media industry sensationalize news at the least, not to mention a few, that fabricate their own. Many would say that the media sector has a huge social obligation, including online.


I would like to ask Shahad and others in the media industry who are not happy with high salaries in microfinance,  how would they view regulation on salaries in the media industry. I suppose owners would be happy. Let me put it differently, would they agree to a cap on profits on this sector. Maybe even, be mandated to become 'not for profit' like education sector is in the country. We all know how being 'not for profit' has helped in educating the masses in India.

What Say?

Media and Mumbai: An open letter on role on media

I am not going to even attempt to talk about the media from Pakistan but Indian media, if you are reading, should be ashamed of the way you handled the coverage of the Mumbai horror.

I am accusing you and your ilk (with a few notable exceptions) of the worst possible behavior for disregarding professional ethics and for fear mongering and sensationalizing.

1. Shame on you, for putting the lives of our brave soldiers in danger by telecasting live pictures of the the counter operation.
2. Shame on you, for conveniently putting away all sane voices of our leaders and sensationalizing silly remarks by a handful of silly politicians. As putrid as our politicians are, you are equally bad if not worse.
3. Showing live, amongst other things conversations with the terrorists and helping them in spreading their propaganda.


The people hiding in the chambers got attacked after you pointed out people were stuck there. For harassing an injured police officer, who had suffered four bullet wounds by asking him to repeat his experience again and again.

All you care about is your TRPs. You feed the nations curiosity and fears but demand a CMs resignation when a certain XYZ happens to visit the site to pay his homage, or he said 'out of curiosity'. Can a citizen only satisfy his curiosity only by watching the idiot box free of all what you throw at us. I blame you for doubting the people's intelligence.

so all of you, please straighten up. We, the people, will deal with you once we have are done with our beloved politicians.