Bina Agarwal , director and professor of economics, Institute of Economic Growth, has written a pioneering new book, Gender and Green Governance, that explores a central question: If women had adequate representation in forestry institutions, would it make a difference to them, their communities and forests as a national resource? Pamela Philipose spoke to Agarwal: Why has access to forests been such a conflict-ridden issue? This is not surprising. Forests constitute not...
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Corrective steps on microfinance
Facing heat from the Andhra Pradesh (AP) government, microfinance institutions (MFIs) acting under a banner called MFI Network (MFIN) have agreed to adopt corrective measures to address concerns raised by the state government. Coming up with a 15-point corrective measures statement, MFIs have agreed to bring down the interest rates to 24% initially to the borrowers of AP only. “It’s an initial decision and our CEOs across other states will be discussing...
More »Big concerns over small loans by Bindu Ananth and Nachiket Mor
Microfinance is an effective tool for financial inclusion. Here are some elements of the recently embattled sector The recent controversy surrounding the microfinance sector has entirely eclipsed the fact that it is the first effort in India to have delivered financial services to remote corners of the country in a self-sustaining manner. The stakes are high for India’s poor, and we have to pave the way for orderly growth in the...
More »NGO conducts social audit
With the aim of bringing transparency in work, Jan Mitra Nyas, a trust constituted by the NGO People’s Vigilance Committee for Human Rights (PVCHR), organised its social audit at a hotel in Jagatganj area in Varanasi on Wednesday. The trust presented all its balance sheets, account bill vouchers and progress reports, before the people from areas where the trust’s projects are being run, including both representatives of these programmes and...
More »Food for aanganwadis: HC asks details of schemes in Gujarat
The Gujarat High Court has ordered the state government to submit the details of schemes, if any, to identify Self-Help Groups (SHGs) and Mahila Mandals that can buy grains and prepare food for children and pregnant mothers attending the 48,000 aanganwadi centres in the state. The order follows a suo-motu petition that questioned the implementation of several Central schemes for the poor, including why the state government had roped in a...
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