The 17th Conference of Parties (COP) under the UN Framework Convention on Climate Change (UNFCC) is being held in Durban, South Africa, from November 28 to December 9, 2011. Urgent action is required to arrest the inexorable rise in global CO2 emissions. What are the issues before this important international meeting on Climate Change? The last meeting of the COP was held in Cancun, Mexico, in December 2010. The 17th COP will...
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FDI in retail: Opposition to corner govt in Parliament
-PTI In a rare show of unity, a combined Opposition will seek to corner the UPA government in Parliament on Monday on its decision to allow FDI in retail. A clear indication to this effect was given today by the Leader of Opposition in Lok SabhaSushma Swaraj who said BJP leader Murli Manohar Joshi has submitted a notice ofadjournment motion on the FDI issue on behalf of the party. "We want the House...
More »Civil society condemns GK Pillai's remarks
-The Hindu Civil society groups have demanded an apology from the former Home Secretary of India, G.K. Pillai, for his “insensitive, sexist slandering” remarks on Ishrat Jahan, who was killed in a fake encounter in Gujarat in 2004. “Stung by the Special Investigation Team report, which concluded that Ishrat was executed in cold blood, Mr. Pillai — hard-pressed to defend his affidavit to the Supreme Court that Ishrat was a Lashkar operative...
More »Toilet Day: Women economists urge action by Alka Pande
-IBNS A group of about 35 women economists from different countries of Europe, UK, US, Australia and India, have written an open letter to Prime Ministers and Presidents of South Asian nations, including India, which are facing acute sanitation crisis. From India, Jayati Ghosh, Professor, Centre for Economic Studies and Planning, Jawaharlal Nehru University; Bina Agarwal, Director, Institute of Economic Growth, Delhi University and Isher Judge Ahluwalia, Chairperson Board of Governors, Indian...
More »What’s Wrong and Right with Microfinance by David Hulme and Thankom Arun
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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