Recent events in south Asia have led to an unexpected reversal in the narrative of microfinance, long presented as a development success. Despite charges of poor treatment of clients, exaggeration of the impact on the poorest as well as the risks of credit bubbles, the sector can play a non-negligible role in reaching financial services to low-income households. In regulating the sector, there is need for caution in setting interest...
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Dr Edgar Whitley, research coordinator of the LSE Identity Project interviewed by R Ramakumar
DR EDGAR WHITLEY is Reader in Information Systems at the Information Systems and Innovation Group in the London School of Economics and Political Science. He has a PhD in Information Systems from the LSE. His research and practical interests include global outsourcing, social aspects of IT-based change, collaborative innovation in an outsourcing context, and the business implications of cloud computing. He is also an expert in identity, privacy and security...
More »Dangers of a Lax Nuclear Strategy by Malini Shankar
On August 26, Japanese Prime Minister Naoto Kan resigned, taking responsibility for the disastrous meltdown of the Fukushima Daiichi nuclear power plant, which was caused by the March 2011 undersea earthquake and ensuing tsunami. In India, on the other hand, the deliberate contamination of a drinking water tank with radioactive waste in the Kaiga nuclear power plant in Western Ghats in the state of Karnataka has gone unpunished for two whole...
More »How reliable is UID? by R Ramachandran
At the technical level, the question is whether the technology deployed for identification will return answers that are unambiguous. THE Unique Identification (UID) project, the national project of the Government of India, aims to give a unique 12-digit number – called Aadhaar – to every citizen of the country, a random number that is generated and linked to a person's demographic and biometric information. The key word is “unique”. Launched in...
More »Food bill to help social sector push by Sanjeeb Mukherjee
Bill has provision for free meals, besides an allowance of Rs 6,000 to all pregnant women. Ahead of assembly elections in seven states next year, the United Progressive Alliance (UPA) government is planning a big push towards its social security agenda. For, its Cabinet note on Food Security Bill has incorporated a provision for free meals, besides a monthly allowance of Rs 1,000 for six months to all pregnant women and...
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