Sample some data on the microfinance performance in India: According to the data provided by www.mixmarket.org, microfinance in India reached close to 270 lakh active borrowers in 2009, with the average loan size close to Rs 8,000. This translates into total borrowing to over Rs 20,000 crore. Though this number seems large, it represents only 0.3% of our GDP. Thus, large swathes of poor, both in our villages and urban...

Several newspapers and TV channels, some of them among India’s biggest, have claimed credit for exposing the Adarsh society scam in which the who’s who of India’s defense and political establishment are involved. The scam exposes the nexus between bureaucrats, politicians and unscrupulous defense service officers. Obviously it wouldn’t be anyone’s ‘exclusive’ if so many newspapers and channels broke the news. Or else there would be one journalist who reported...

Seeking to use technology optimally in health service, Orissa is planning to keep infrastructure ready for telementoring by which an experienced surgeon could guide a less experienced doctor from far-off place. “We are aiming to have telementoring for our State. Through the system a mentor (doctor) sitting in a super speciality hospital can guide another surgeon from hundreds of kilometre away from the actual place of operation,” said B. N. Mohanty,...

The Mumbai Collector had, in a letter to the Defence Estates Officer, Mumbai Circle, dated July 12, 2004, denied that the government of Maharashtra allotted any land to the Adarsh Cooperative Housing Society in Colaba. Records obtained using the Right to Information (RTI) Act by the National Alliance of Peoples' Movements (NAPM), which were released on Monday by Ms. Medha Patkar, Simpreet Singh and other activists, show that the Collector accorded...

In a significant step towards foolproof monitoring of micro finance institutions (MFIs) and gaining first-hand information on multiple lending, excessive rural indebtedness and irregularities in the sector, the state government has constituted four working committees that would integrate various databases of SHG bank linkage, ration cards & borrowers' data being submitted by MFIs on a priority. These committees would create and maintain the website on MFIs and also help in responding...