-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...
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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...
More »Where does the money spent by Maharashtra on NREGS go? by Mahesh Vijapurkar
Poor spending on NREGS by Maharashtra - only Rs351 crore out of Rs668 crore - can be seen in two ways. One, apathy towards the poor and carelessness, and two, less money spent means less money stolen. All employment schemes are seen as doles, work is faked, ghosts are paid and the bucks swallowed by the establishment - Politicians to petty bureaucrats - with the poor guy in the boondocks...
More »Musings on the media in the dock by Sashi Kumar
The fourth pillar of democracy would cease to be free if it is made accountable to one or more of the other pillars. Much of the media, says Justice Markandey Katju, the new Chairman of the Press Council of India, is of very poor intellectual level. That, even for a former judge, would be being judgmental — except that sections of the media concerned seem hell-bent on proving him right. Setting...
More »Erosion threat: Nath village faces extinction
-The Sentinel Assam Cluster of villages across Barak Valley have been threatened by erosions of various rivers crisscrossing the zone. A good number of villages have been completely or partially wiped out by the swirling and surging waters of Barak, in particular, during heavy floods. Reports about the fate of such villages have appeared in the media time to time and continue to hit the headlines. The state government and its...
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