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A raw deal for children in budgets: child rights body by Aarti Dhar

They received mere 4.45 paise out of every Rs.100 allocated On an average, children received a mere 4.45 paise out of every Rs.100 allocated in the Union budget from 2004-05 to 2008-09. Even as India is hailed worldwide as one of the fastest growing economies, it seems to neglect its children, who constitute 42 per cent of the population. Not only are children's issues, especially health, nutrition and security, falling off the...

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Microfinance: What's wrong with it by M Rajshekhar

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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Call of the river by Ajoy Ashirwad Mahaprashasta

In 25 years, the Narmada Bachao Andolan has introduced an alternative development discourse in India. ON the full moon night in October, hundreds of people from all over India gathered at Bhilgaon, one of the many tribal villages in Nandurbar district of Maharashtra, in the foothills of the Satpura mountain range and on the banks of the river Narmada. The place resounded with jingles, revolutionary folk songs and strains of...

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A Deadly Misdiagnosis by Michael Specter

Every afternoon at about four, a slight woman named Runi slips out of the cramped, airless room that she shares with her husband and their sixteen children. She skirts the drainage ditch in front of the building, then walks toward the pile of hardened dung cakes that people in this slum on the edge of the northeastern Indian city of Patna use for fuel. Dressed in a bright-yellow sari shot...

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Climate funding may need taxes on flight tickets and forex deals, says U.N. report

Taxes on international flights, shipping and financial transactions, as well as a global carbon price of $20 to $25 may be key to annually mobilising $100 billion in climate funding by 2020, according to the United Nations high-level advisory group on climate change financing, which submitted its report in New York on Friday. At the U.N. climate summit held in Copenhagen last year, developed countries committed to a goal of jointly...

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