The microfinance bubble has burst. The AP government ordinance, the AP oppositionfs campaign asking borrowers not to repay and the sheer public hostility towards MFIs . all these have put the brakes on MFI activities for now. We need to rethink the role of MFIs in the rural economy . In order to do so, we must first grasp some of the myths on which the MFI sector has rested...
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UN-backed measles vaccination drive targets India's highest risk children
The next stage of a measles immunization drive supported by the United Nations Children’s Fund (UNICEF) and the World Health Organization (WHO) began today in India, aiming to reach 134 million children and prevent an estimated 60,000 to 100,000 annual deaths from the disease. The children in the states of Assam and Arunachal Pradesh will begin receiving the second dose of their vaccinations as part of a year-long campaign by the...
More »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...
More »Jean Dreze, Development Economist interviewed by Vaibhav Vats
The Food Security Act was UPA-2’s flagship programme. Jean Dreze, member of the National Advisory Council, has publicly criticised the government. He tells VAIBHAV VATS what’s gone wrong. Much like the Mahatma Gandhi National Rural Employment Guarantee Act in the first term of the United Progressive Alliance, the Food Security Act was its most ambitious social welfare programme. Since discussions on the Act in the National Advisory Council began, its provisions...
More »India's 'untouchables' to build temple to 'Goddess of the English language'
India's downtrodden "untouchables" are to open a temple to a "Goddess of the English language" in honour of Lord Macaulay, an architect of the British Empire. Leaders of India's low-caste Dalits are to celebrate the opening of a temple shaped like a desktop computer to inspire "untouchable" children to improve their prospects in life by learning English. They believe learning English will open up new opportunities for India's 160 million Dalits...
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