It pays to keep away from private-public partnerships, especially if you plan to ‘only’ create awareness on a topic that complements the business you are in. Last week, foods giant Nestle was probably chewing hard on this thought. The company found itself in an uneasy position in India, when it received unfavourable media coverage for a nutrition-awareness programme that Nestle India had launched in schools in association with universities such...
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Miracle workers by Anupama Katakam
A courier company in Mumbai shows the way in providing employment for the hearing impaired. IN the milling crowds of Mumbai, they stand apart with their orange T-shirts printed with the name Mirakle Couriers. Every day, during the busy hours of the working week, one sees them on the sidewalks, in public transport and elsewhere with large black bags slung on their shoulders. It would not be enough to say...
More »Neoliberal illogic by Prabhat Patnaik
The class bias in government policy is clear in the decision to release a small amount of foodgrain in the open market to tackle inflation. MOST people would agree that there is a strong element of speculation underlying the current inflation and that forward trading contributes to it. Yet the government, though it has banned forward trading in certain commodities under public pressure, is curiously reluctant to see this point....
More »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...
More »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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