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...

Tamil Nadu has become the second largest state after Andhra Pradesh in the self-help group (SHG)-bank linkage programme launched by the National Bank for Agriculture and Rural Development (Nabard). In the state, 209,197 SHGs were credit linked with a financial assistance of Rs 2,791.65 crore in 2009-10, taking the cumulative number of SHGs credit linked to 852,791 (including repeat doses) with a bank loan of Rs 9,394.70 crore. Nabard said that a...

With three small children to raise in a dirt-poor village in eastern India’s Bihar state, farm labourer Renu Devi is an unsung rural supermom who shuttles between home and field every day. But the demure 30-year-old mother does not forget to bring her children to the biannual Vitamin A rounds in Bagwanpur Rati, one of the villages in Vaishali district of Bihar. This is because Vitamin A deficiency is a major...

The next stage of a measles immunization drive supported by the United Nations Children’s Fund (UNICEF) and the World Health Organization (WHO) began today in India, aiming to reach 134 million children and prevent an estimated 60,000 to 100,000 annual deaths from the disease. The children in the states of Assam and Arunachal Pradesh will begin receiving the second dose of their vaccinations as part of a year-long campaign by the...

A new vaccine against the polio virus has helped reduce the number of cases by more than 90%. Research published online in the journal The Lancet, shows that the new vaccine is significantly better at protecting children against polio than the current popular vaccine. It has already been used in Afghanistan, India and Nigeria. The scientists behind the work believe this new vaccine could help to finally eradicate the disease. Disease elimination Mass vaccination campaigns...