MasterCard Worldwide, a leading global payments company, today said it has developed a payment solution for ‘Aadhaar’. ‘Aadhaar’ is a 12-digit Unique Identification Number (UID) that captures basic demographic and biometric information of Indian residents. The UID will make it possible for residents to establish their identity with financial institutions thereby providing them a gateway into the formal banking system. This payment solution will enable Aadhaar holders to perform payment...

South Asia in general and India in particular have the dubious distinction of standing out for wrong reasons every time a new global poverty report is released. We not only have the largest number of underweight children, a very high maternal mortality rate and the world’s highest number of out of school children but we also top the global malnutrition chart. (See links below for more details)  However the 2011 United...

In an effort to break a deadlock in negotiations to save the planet from overheating, Union Minister of State Jairam Ramesh discarded overnight India’s policy of two years on global climate change.It’s a move that will likely win India international acclaim, but Ramesh must now prepare for fierce domestic criticism of his new stand that the country is willing to accept legally binding commitments in place of its oft-repeated policy...

In response to growing frustration that the U.N. climate negotiations are not producing real-world results, individual nations, states and business are cobbling together patchwork solutions to preserve forests, produce clean energy and scrub pollution from the air.Under this new approach, businesses in California will offset their greenhouse gas emissions by funding tropical forest preservation in Mexico and Brazil; Japan will help pay for nuclear power plants in developing nations; and...

Members of La Via Campesina and other groups condemn market-based solutionsHector Rodriguez, who runs an alternative radio station in Cancun called Reptil, decided on a novel way to protest the commercialisation of forestry.As hundreds of people marched to the venue of the United Nations Climate Change Conference on Tuesday, Mr. Rodriguez walked up to the posse of Mexican policemen with riot shields and launched into an impassioned plea to help...