Have the Cancun Agreements set Kyoto Protocol on a path to eventual death? No. Killing Kyoto would require a 2/3rd vote by the 180-plus member countries. There is too much guilt involved in that. But the Agreements have prepared the ground to render the Protocol hollow and meaningless - left to survive a vegetative, inconsequential life even as a new and unequal global regime takes ground. The Kyoto Protocol was...

“Resource crunch often makes people depressed, especially for small farmers like us who are used to it for decades. We often live in severe cash-strapped situations and learn to adjust or adapt; sometimes we just succumb to it,” says farmer Mr.Vikas Shinde from Jalgoan, Maharashtra, who developed a motor cycle operated water pump to irrigate his fields.“The government just does not seem interested in encouraging farmers,” he says.“The National Rural...

The issues relating to the victims of endosulfan, sprayed in the plantations of Kasargod district in Kerala, have snowballed once again. “Earthworms emerged from the soil, and, subsequently, died. Then birds came to eat the earthworms and they died as well.”   “Some termites were killed in a cotton farm sprayed with endosulfan. A frog fed on the dead termites, and was immobilised a few minutes later. An owl which flew over...

The SKS IPO and the Andhra Pradesh ordinance have suddenly changed everything. Will it be the death knell or will it usher in a reformed and healthy industry? There are three basic facts about micro-finance in India. First, most of what is described as micro-finance industry is actually micro-loans. There is hardly any provision of micro-savings, micro-investments, micro-insurance or micro-pensions. This is mostly because of regulatory reasons, i.e. accepting money...

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...