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Shining On Little by Amba Batra Bakshi

Women in 65 villages of Karnal  district, Haryana, have transformed their lives through self-help groups and microcredit schemes The infant mortality and maternal mortality rates have both come down substantially 94 per cent of the women now have ante- and post-pregnancy checks Institutional deliveries rising; anaemia in pregnant women down. No girl is married off before she’s 18 Taravanti clearly remembers the time, 19 years ago, when she got married...

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Basic economic freedom: why can’t we get it done?

Just as microcredit on its own does not represent full financial inclusion, it is our view that neither do business correspondent accounts In a country of 1.2 billion individuals, if we exclude children, we should at least have 900 million bank account holders before we can say the job of basic inclusion in banking is complete. No matter how we count, however, the actual number of bank account holders do not...

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Tens of thousands of refugees to benefit from new UN-backed microfinance project

Tens of thousands of displaced people around the world will get micro-loans to set up their own businesses and become self-sufficient thanks to a new agreement between the UN refugee agency and a microfinance services organization set up by Bangladeshi Nobel Peace laureate Muhammad Yunus. Under a memorandum of understanding signed by Mr. Yunus and UN High Commissioner for Refugees (UNHCR) António Guterres, the Grameen Trust will set up micro-loan...

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Equality stalemate by Jayati Ghosh

The United Nations Conference on Women was held nearly 15 years ago in Beijing, China. This was an extraordinary moment in the history of the international women’s movements as well as women workers around the world, with unprecedented mobilisation of feminist policymakers, activists and academics in the international political arena, both prior to the conference and subsequently. The two-part conference, referred to as Beijing Platform and the Call for Action,...

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