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Microfinance: misunderstood, Malegamed by MS Sriram

A generally beleaguered microfinance industry was eagerly waiting for Yezdi Malegam for deliverance. Any conversation about the microfinance business would end with the expectation that the Malegam committee would deliver a healthy dose of oxygen to the choking microfinance industry. The report was expected to be the panacea for all that ails microfinance in India. The report, which came out on Monday, disappoints not only in its inability to meet these...

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A Light in India by David Bornstein

When we hear the word innovation, we often think of new technologies or silver bullet solutions — like hydrogen fuel cells or a cure for cancer. To be sure, breakthroughs are vital: antibiotics and vaccines, for example, transformed global health. But as we’ve argued in Fixes, some of the greatest advances come from taking old ideas or technologies and making them accessible to millions of people who are underserved. One area...

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100-Dollar Laptops Bring In Distant Kids by Ranjit Devraj

Responding to the lack of computer training in Mukteshwar’s schools, Veena Sethi, a retired Delhi University professor, set up two used personal computers in the basement of her home with the aim of bringing the basics of computing to school children. "There were no libraries, no laboratories and no computer classes. In fact, most of the schools in Mukteshwar [which is in the Nainital district of northern Uttarakhand state] had no...

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A Fable For The Cola-Wallahs by Saba Naqvi and Debarshi Dasgupta

In post-globalisation India, middle-class heroes are usually entrepreneurs who make a fast buck, stars that glitter brightly and talk glibly, cricketers who hit the ball hard. In an aspirational world of consumer goods, fine dining and malls, values such as service, integrity, simplicity are becoming rare. Perhaps that is why the story of Binayak Sen, the skilled doctor who turned his back on material success to work among the poor...

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Chandigarh's RTE confusion delays admission process

Confusion prevails here over implementing the Right to Education (RTE) Act and activists are accusing private school managements of back-pedalling on flimsy grounds for fear of losing their elitist tags. This has delayed the admission process in various city schools. The Chandigarh administration, the private schools association, social activists and parents are still debating the provisions of the RTE Act. There has been no consensus so far. The RTE Act makes it...

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