The Child Labour Index and map, produced by global risks advisory firm Maplecroft, rates 68 countries as ‘extreme risk’ with Bangladesh, China, India, Nigeria and Pakistan amongst those with the most widespread abuses of child workers.According to the ILO, there are 215 million children working throughout the world, many full-time. Of these, 115 million are exposed to hazardous forms of child labour. The index evaluates 196 countries on the prevalence,...
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India Microcredit Faces Collapse From Defaults by Lydia Polgreen and Vikas Bajaj
India’s rapidly growing private microcredit industry faces imminent collapse as almost all borrowers in one of India’s largest states have stopped repaying their loans, egged on by politicians who accuse the industry of earning outsize profits on the backs of the poor. The crisis has been building for weeks, but has now reached a critical stage. Indian banks, which put up about 80 percent of the money that the companies...
More »Ending misuse of land acquisition laws by Ram Singh
Frequent and unrelenting protests against land acquisition seem to have compelled political parties to take the issue seriously. The Centre has promised to introduce a redrafted land acquisition Bill during the winter session of Parliament. As per official pronouncements, the Bill will provide for higher compensation to the affected parties. Besides, acquisition for private companies will be restricted to less than 30% of the total land required for the project. However,...
More »In India, greed creeps into microlending, critics say by Rama Lakshmi
The microcredit revolution has been celebrated for helping poor women in developing countries start small businesses. By borrowing money for purchases such as a buffalo or sewing machine, the women were able to help lift their families out of poverty. But critics say the microcredit model has been perverted by commercial greed in India, with reports of abusive collection methods and sky-high interest rates. "What began as a simple, innovative model...
More »Promoting right to education among priorities for new UN independent expert
The United Nations independent expert on the right to education today outlined his priorities, promising to pay attention to gender equality in education, look into quality with a special focus on improving conditions for teachers, and explore innovative education financing mechanisms. Kishore Singh, who was appointed as UN Special Rapporteur on the right to education by the UN Human Rights Council in June, said he would also look into ways of...
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