After 16 days of intensive Statewide campaigning and 47 days of dharna, thousands of workers under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) in Rajasthan scored a significant victory. Led by the Suchana Evum Rozgar Ka Abhiyan, they entered into an agreement with the State government under which they would be entitled to the prevailing minimum wage for their day's work. Describing this outcome as “historic,” social activist...

Frustrated by the government's attitude to disability, an advocacy movement has sprung up in Madhya Pradesh, central India, fighting for the universal right of all children to attend school 'What are friends for? You listen for us and we'll see for you." The black-and-white photograph beneath the words shows a smiling boy with his arm around his partially sighted classmate. It encapsulates the inclusive education ideal – all children of all...

MICROFINANCE is an example of something that is sadly all too rare: an anti-poverty tool that usually at least breaks even. If you make small, uncollateralised business loans to groups of poor women, they almost always repay them on time. It has grown rapidly in many countries, not least Bangladesh and India. With nearly 30m clients each, these are now the world’s biggest markets for microfinance. Yet the industry has...

The recent crisis in the micro-finance industry, brought about by some incidents in Andhra Pradesh, has led to the development of a new concept in the Indian thinking on development — that of “responsible finance”. Responsible finance is supposed to mean financial activities by companies that make just about enough returns to stay in business and charge rates of interest on loans to the poor that are only marginally higher than what...

Faced with a liquidity crunch, microfinance companies have asked RBI to direct banks to set up an emergency fund of Rs 1,000 crore to help them tide over slowdown in their business. Sources said the Microfinance Institution Network (MFIN) is trying to convince the central bank in this regard. The micro finance sector has been reeling under a liquidity crisis after the Andhra Pradesh government issued an ordinance to control interest...