Despite its seminal success in beginning a process of addressing issues of poverty, starvation and empowering the poor, the MGNREGA needed a general election to breathe life into it. However, the disproportionate influence of the middle class on social sector policy has LED to the same set of pre-election prejudices resurfacing. "What use is the MGNREGA to the economy at large?" asks the businessman, one eye fixed apprehensively on the share...
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Five myths about microfinance by TT Ram Mohan
The microfinance bubble has burst. The AP government ordinance, the AP oppositionfs campaign asking borrowers not to repay and the sheer public hostility towards MFIs . all these have put the brakes on MFI activities for now. We need to rethink the role of MFIs in the rural economy . In order to do so, we must first grasp some of the myths on which the MFI sector has rested...
More »Paid holiday for Justice Soumitra Sen?
Justice Soumitra Sen may be making history as only the second judge on his way to impeachment but he still enjoys a big salary. Despite being indicted many times for corruption, the judge has comfortably managed to exploit the loopholes in the system. Excluding allowances and perks for fuel, attendants, house rent, phone and medical bills, Justice Sen's salary today stands at Rs. 80,000 per month. That means roughly Rs. 160,000...
More »Govt may exclude chief justice from RTI Act by Ruhi Tewari & Anuja
The Congress-LED United Progressive Alliance government is considering changes to the Right to Information (RTI) Act to keep the chief justice of the Supreme Court out of its ambit, prompting protests against the move by those who see it as a dilution of the law. “The proposal includes...safeguarding the sensitivity of the office of the chief justice of India,” Prithviraj Chavan, outgoing minister of state for personnel, public grievances and pensions,...
More »Developing world warned of 'obesity epidemic'
Developing countries should act now to head off their own "obesity epidemic", says a global policy group. The Organisation for Economic Co-operation and Development (OECD) says obesity levels are rising fast. In a report in the Lancet medical journal, it says low-income countries cannot cope with the health consequences of wide scale obesity. Rates in Brazil and South Africa already outstrip the OECD average. Increasing obesity in industrialised countries such as the UK and...
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