Microcredit is losing its halo in many developing countries. Microcredit was once extolled by world leaders like Bill Clinton and Tony Blair as a powerful tool that could help eliminate poverty, through loans as small as $50 to cowherds, basket weavers and other poor people for starting or expanding businesses. But now microloans have prompted political hostility in Bangladesh, India, Nicaragua and other developing countries. In December, the prime minister of...
More »SEARCH RESULT
Total Matching Records found : 654
Nitish's assets much less than his colleagues
Bihar Chief Minister Nitish Kumar lags far behind his ministerial colleagues in his wealth, details of which were made public on Monday. Details of the assets of 30 Bihar ministers, including Kumar's were uploaded in the government websites as a step towards ending corruption and promised by the chief minister. Kumar's moveable assets include Rs 31,760 in cash, Rs 57,770 in bank account, a Santro car of 2003 model, an old TV...
More »Less Water, But More Rice by Manipadma Jena
When French Jesuit priest and passionate agriculturist Henri de Laulanie developed the System of Rice Intensification (SRI) method of cultivation for Madagascar’s poor farmers in the 1980s, he probably had no idea that millions of farmers elsewhere in the world would one day benefit from it as well. Here in India, one of the 40 countries where SRI is now in use, poor tillers of the land are even helping propagate...
More »Dharmapuri PEW helps bootleggers turn a new leaf by R Arivanantham
Two hundred families from 40 ‘Black Spot' villages, that were notorious for brewing hooch and selling in Dharmapuri District have been rehabilitated by the Prohibition and Enforcement Wing (PEW), thanks to the efforts of Additional Superintendent of Police P. Saravanan. R. Sudhakar, District Superintendent of Police told The Hindu that the district police identified these villages and conducted social awareness campaigns at regular intervals. As part of this initiative, the PEW wing...
More »Money for nothing. And misery for free by Rohini Mohan
IT WAS a windfall five years ago that taught Panchali Satyavva the power of a lie. It happened one Monday afternoon in Someshwar village of Nizamabad district in Andhra Pradesh. It was raining in sheets and she had just placed a bucket under the steady trickle of water from the roof of her hut. Two men were at her door, holding umbrellas and offering her an unsolicited Rs. 5,000. They...
More »
