The term “bottom of the pyramid” (BOP), coined by the late C K Prahalad, became wildly attractive in the early noughties, in part because the concept, which suggests that it is possible and legit to make money from the poor, provided a leavening justification for the animal spirits of capitalism in poor countries like India and China with their growing list of Forbes billionaires. On the verge of the second decade...

Sample some data on the microfinance performance in India: According to the data provided by www.mixmarket.org, microfinance in India reached close to 270 lakh active borrowers in 2009, with the average loan size close to Rs 8,000. This translates into total borrowing to over Rs 20,000 crore. Though this number seems large, it represents only 0.3% of our GDP. Thus, large swathes of poor, both in our villages and urban...

DALIT THEOLOGY IN THE TWENTY-FIRST CENTURY — Discordant Voices, Discerning Pathways: Edited by Sathianathan Clarke, Deenbandhu Manchala, Philip Vinod Peacock; Oxford University Press, YMCA Library Building, Jai Singh Road, New Delhi-110001. Rs. 745. Although Christian missionaries of various denominations have been active in India for several centuries, the 1941 Census placed the number of Christians in colonial India at just 1.6 per cent of the population. This clearly indicates that the...

In an unprecedented United Nations-supported initiative, people who cannot see and those who have other forms of visual disability will have access to published works through publisher intermediaries who will create accessible formats of publications and share them with specialized libraries. The new arrangement was announced today at the of the UN World Intellectual Property Organization (WIPO) meeting in the Indian capital, New Delhi. It is estimated that only five percent of...

Society for Unaided Private Schools of Rajasthan proposed amendment of various provisions of the Right of Children to Free and Compulsory Education Act 2009 on Monday. The society submitted its objection to the drafted rules to the commissioner of Rajasthan Parambhik Shiksha Parishad at Shiksha Sankul. It said private schools should not be given additional responsibility for providing free text Books to the children of reserved category. The society also opposed Part...