-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...

An unprecedented economic growth during the last decade has also seen increasing malnutrition, hunger and starvation amongst certain sections of society. India ranks 66 in the Food and Agriculture Organisation’s (FAO’s) World Hunger Index of 88 countries (Inter-national Food Policy Research Institute). More than 200 million people in this country are denied the right to food. One-third of all underweight children (57 million) in the world due to lack of...

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...

DR EDGAR WHITLEY is Reader in Information Systems at the Information Systems and Innovation Group in the London School of Economics and Political Science. He has a PhD in Information Systems from the LSE. His research and practical interests include global outsourcing, social aspects of IT-based change, collaborative innovation in an outsourcing context, and the business implications of cloud computing. He is also an expert in identity, privacy and security...

New drug pricing policy proposes bringing all essential medicines under price control, but makes them expensive After years of dilly-dallying and several Supreme Court reminders, the Centre has proposed to bring all essential drugs under price control. But the policy is nothing but hogwash. Its pricing mechanism would make essential medicines out of reach for most people. Public health experts have termed the draft National Pharmaceutical Pricing Policy of 2011 a...