Bhukan Singh is a small, shy figure, with a nervous smile - he does not look like a hero. But standing in a field near his home, he recalls the day last March when his fight for transparency and justice in the eastern Indian state of Jharkhand nearly resulted in his death. "In today's India speaking the truth is not easy," Mr Singh, 44, says wistfully, remembering how, on that March day...

We have five million children in the labour market, say official figures. Their actual numbers may be four times as many. As a nation, we have failed each one of them…   Millions of our children still labour today, in factories, farms, kilns, mines, homes and city waste dumps, when they should be in school or in a playground. We profoundly fail these children, collectively depriving them of education, play, rest, healthy...

-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...

-The Deccan Herald   In an attempt to usher transparency regarding functioning of the banking sector, the Central Information Commission on Friday directed the Reserve Bank of India (RBI) to reveal the details of Annual Financial Inspection (AFI) reports of banks and also the fines imposed on them based for violating rules. Direction to make public the annual inspection reports of banks was given by Information Commissioner Shailesh Gandhi while he overruled the...

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...