Technology is helping public sector banks find customers in rural India. This is part of the Centre’s efforts to include villages in the organized financial system; to ensure they are not cheated of their wages. Pilots show promise   The current state of rural banking in the country is poor. A recent report, by the National Sample Survey Organization, revealed that 51.4 per cent of the 89.3 million total farmer households in...

With the mountains of hazardous waste from electronic products growing exponentially in developing countries, sometimes by as much as 500 per cent, the United Nations today called for new recycling technologies and regulations to safeguard both public health and the environment. So-called e-waste from products such as old computers, printers, mobile phones, pagers, digital photo and music devices, refrigerators, toys and televisions, are set to rise sharply in tandem with...

For more than seven years, Babar Ali, 17, has been teaching children from poor families for free at a school he founded in a West Bengal village, while studying at another school. Ali opened the Ananda Shiksha Niketan at Gangapur village in Murshidabad district in 2002, when he was just nine. Today, the school has more than 800 students. Another 200 have applied to join in the next session—making it larger...

This report is sure to come as a shocker for all those who thought the worst was over after believing that the recession is petering out. The recently released World Economic Situation and Prospects 2010 (WESP) of the United Nations (UN), predicts that the economic growth in the developing world will remain well below the pre-crisis pace of more than 7 per cent per annum. China’s and India’s economies are...

The poverty line that the Tendulkar Committee proposes depends on reduced calorie consumption, and fails to provide for reasonable household expenditures on schooling and health.  For some years, the Government of India has been under pressure to change the norms for calculating the official poverty line. Current norms have resulted in gross and manifest underestimation of the numbers of the poor, and, consequently, in the exclusion of hundreds of millions...