Recent events in south Asia have led to an unexpected reversal in the narrative of microfinance, long presented as a development success. Despite charges of poor treatment of clients, exaggeration of the impact on the poorest as well as the risks of credit bubbles, the sector can play a non-negligible role in reaching financial services to low-income households. In regulating the sector, there is need for caution in setting interest...

Father Cedric Prakash is a human rights and peace activist based in Ahmedabad. He has campaigned for the justice of the victims of the 2002 communal violence on peril of being publicly branded as “non-Gujarati and non-Hindu” by chief minister Narendra Modi. A resident of Gujarat for nearly 40 years, Prakash is the founding director of Prashant, a centre for human rights, peace and justice. He was named Chevalier of the...

Study commissioned by Supreme Court calls for output cut after finding extensive damage to biodiversity, air quality A Supreme Court commissioned study on iron ore mining in Karnataka’s Bellary district has suggested production of the steel-making raw material should be cut by as much as 40% to prevent environmental degradation. The environment impact assessment (EIA) report, prepared by the Indian Council of Forestry Research and Education (ICFRE), has recommended that the district...

Climate change negotiations are with us again, this time in Durban following the high-level meetings in Cancun (2010) and Copenhagen (2009). The aim is to agree on a regime to reduce greenhouse gas emissions (particularly CO2) post-2012, when the present commitments under the Kyoto Protocol run out. Climate change and global warming are important issues for India. Agriculture, which provides a livelihood for two-thirds of our population, is heavily dependent on...

More than 100 days after she had suffered spinal injuries during the police crackdown on Baba Ramdev's protest camp at Ramlila Ground in June this year, a 51-year-old supporter of the yoga guru died in hospital on Monday morning. The victim, Rajbala, had been on ventilator support at the ICU of GB Pant Hospital. "The patient died of cardiac arrest. She had suffered fracture and dislocation of cervical C4 and C5...