Muhammad Yunus, the economist who founded Bangladesh’s Grameen Bank, visited Mumbai recently where he spoke to India Ink about his Vision of “social businesses,” his forced departure from Grameen and the recent controversies that have dogged micro-finance in India and elsewhere. An edited, condensed version of the interview follows: Q. The microfinance industry has gone through an existential crisis in the last few years. Why did the industry fall from grace? A. See,...

Professor Arjun Appadurai is a Mumbaikar at heart; coming to the city is an annual pilgrimage for this internationa­lly renowned cultural theorist and anthropologist. Appadurai, 62, who studied in Mumbai’s Elphinstone College, is currently Goddard Professor of Media, Culture and Communication at New York University. He has been consultant and advisor to a wide range of public and private foundations such as The Smithsonian. In his seminal work Disjuncture and...

Decoding the 'mystery' behind Maoists, the Centre has for the first time brought out in open many facts that have hitherto remained in official papers and urged aam aadmis to expose true colours of Red rebels in whatever ways they can, including use of social media like Facebook and twitter. In a document, brought out in the form of frequently asked questions (FAQs) last week, the Union home ministry has classified...

The recommendations of the Planning Commission’s High Level Expert Group on Access to Universal Healthcare are significant because they make explicit the need to contextualise health within the rights. However, the problem with the report is that it does not ask why many of the same recommendations that were made by previous committees have not been implemented. The HLEG neither recognises the problems, constraints and compulsions at the national, state...

-AP   Efforts by India and the European Union to strengthen trade are threatening India's ability to deliver lifesaving medicines to the world's poorest, analysts say as the two sides push through protracted negotiations on a free-trade pact.  India's prime minister and top EU officials are hoping their summit Friday in New Delhi helps move beyond disagreements over issues like European labor market limits and Indian duties on cars.  But health industry workers and...