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ADB plans to set up $250 mn guarantee fund for microfinance by Aveek Datta and Anup Roy

India’s microfinance institutions (MFIs), under pressure because of stricter rules in their largest market Andhra Pradesh and the consequent slump in repayments there, may get a boost from the Asian Development Bank (ADB). ADB is constituting a $250 million (around Rs1,135 crore) facility to offer guarantees against loans to MFIs extended by banks in the Asia-Pacific region where it operates, including India. The move is aimed at encouraging banks to lend...

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Need for efforts to bring street children to schools

Street children collecting garbage scattered on roads near Sunderpur-Bazardiha area. The schoolchildren in the area celebrating Saraswati Puja on Tuesday. The two pictures in contrast reveal the sorry state of affairs when it comes to education for the underprivileged kids. The provisions of the Right to Education (RTE) Act, which came into force on April 1, 2010, call for free and compulsory education to children between 6 to 14 years...

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Navigators Of Change by Lola Nayar

As government, corporates seek to engage with NGOs, they gain new significance Brave NGO World?     * The Planning Commission is courting NGOs for policy inputs, views on how to make plans work     * NGOs and local activism forced govt to stall Vedanta, Posco plans     * NGO opposition to snacks being served in schools changed plans to scrap hot meals     * NGO have made the government rethink the Polavaram dam project    ...

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King cobra under pressure from habitat loss in Kerala

Deforestation, poachers, illicit liquor-brewers forcing them to migrate Large-scale deforestation and the disturbances caused by poachers and illicit liquor-brewers could be forcing king cobras to migrate from their natural habitat in bamboo-rich dense evergreen forests to villages nearby. A study conducted by the researchers of the Department of Zoology, University of Kerala, and the Reptile Study Group, Thiruvananthapuram, has revealed that the king cobra, the world's longest venomous snake, is under...

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Of margins and the marginalised by Jayati Ghosh

The countrywide share of corporate retail in food distribution tripled in the past four years when retail food prices showed the greatest increase. THE dramatic increase in food inflation over the past two years has been associated with several surprises. One major surprise has been how the top economic policymakers in the country have responded to it. The initial response was one of apparent disbelief, followed very quickly by the...

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