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Government looking for overall financial inclusion through Aajeevika Development and Financial Corporation by Urmi A Goswami

In an attempt to bolster its aam aadmi image, the government is setting up the Aajeevika Development and Financial Corporation, a financial institution to ensure easily available funding for self-help groups under the National Rural Livelihood Mission. Problems in accessing credit for families below poverty line have been a major hurdle for the livelihood mission. The rural development ministry is in the process of inter-ministerial consultations on the proposed financial...

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Arundhati Roy’s anti-Anna tirade: High on anger, short on rigour by Shalini Singh

While the rest of the world is saluting the birth of a miracle - the manifestation of the best of the human spirit in a peaceful movement that is uniting millions of people across religions, geographies and social and economic groups - Arundhati Roy has seized the opportunity to be intellectually irreverent. Sadly, her vituperative dismissal of this powerful human revolution in her piece, ‘I would rather not be Anna' published...

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Ambedkar's way & Anna Hazare's methods by Sukhadeo Thorat

A group of people, with placards showing Dr. B.R. Ambedkar, staged a demonstration in Delhi a few days ago against Anna Hazare's proposals on the Lokpal and the methods used by his team. More often than not, Dalits look with suspicion on any attempt to tamper with the Constitution. Team Anna has, however, suggested that its Lokpal bill would benefit Dalits more than anyone else. This led me to look...

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Towards transparency in public procurement by Sandeep Verma

In her pre-Independence Day address, the President of India advocated the need for enhanced transparency and accountability in government, stressing the need for the adoption of rational and practical approaches in addressing these challenges. Her choice of qualifiers is significant, since the need for reform is especially being felt in government contracts, with recent government initiatives such as enacting a formal public procurement law for India, and for laying down...

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Some 45 million Indians rose above $1.25 a day: Report

-IANS   Nearly nine million Indian households, or 45 million individuals, saw their incomes rise above the threshold of $1.25 a day, or Rs.56, in the two decades ended 2010, reflecting the success of microfinance, says a survey. "A dramatic number of families moved out of poverty between 1990 and 2010," said the report, based on a survey of more than 15,000 Indian households, carried out by the India Development Foundation (IDF), a...

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