The poster boy of microfinance is now seeking some anonymity. In Andhra Pradesh, the epicentre of the worst crisis faced by microfinance in India, SKS Microfinance is playing down its identity and going into preservation mode. At its modest office in a residential colony in Warangal district, India’s largest microfinance company has taken down its board. At its head office in upmarket Begumpet in Hyderabad, it hung a cloth mesh...
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Rural reality by CT Kurien
A meticulous study of the agrarian relations in three villages. ONE of our senior sociologists once drew my attention to the distinction between economics and other social sciences. Other social sciences – sociology and anthropology, for instance – he said, pay a great deal of attention to gathering primary data and interpreting them, whereas economics relies on secondary data for its analysis. This is, to a large extent, a fair...
More »Food Security Sans PDS: Universalization Through Targeting? by Smita Gupta
The case of the Food Security Bill gets curiouser and curiouser. What started off as a fight between universalization and targeting has ended (or so it would seem) in a complete victory in the National Advisory Council, Government of India (NAC) for targeting through universalization (if such a thing was possible), with the honourable exception of Prof Jean Dreze, who has to be commended for his ‘note of disagreement’. On...
More »NAC's recommendations discouraging: Yechury
Terming the recommendations of the National Advisory Council on the proposed Food Security Bill as discouraging, senior leader of the Communist Party of India (Marxist) Sitaram Yechury on Friday underlined the need for a people's movement to pressure the Manmohan Singh government to go in for a universal public distribution system to ensure food security in the country. Addressing a seminar on food security at the CPI(M) State headquarters here, Mr....
More »UN agency steps in to help Pakistani farmers after floods destroyed seed stocks
The United Nations Food and Agriculture Organization (FAO) is distributing wheat seeds that will benefit over half a million farming families, or nearly five million people, whose seed supplies were destroyed during the recent flood disaster. The floods, which began in late July and inundated one fifth of the country, claimed more than 1,800 lives and have affected more than 20 million others. Agriculture is the mainstay for over 80 per cent...
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