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Govt tightens foreign fund flow for NGOs

Sweeping changes in the rules to enforce the law governing foreign contributions can make it easier for the government to put advocacy groups on a tight leash. Easily branded as having a political nature, they will have to run to the home ministry every time they want to receive foreign funds. The rules drafted by the ministry cover NGOs that comment on “political activities” and “habitually” employ common methods of political...

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Rampant Speculation Inflated Food Price Bubble by Stephen Leahy

Billions of dollars are being made by investors in a speculative "food bubble" that's created record food prices, starving millions and destabilising countries, experts now conclude. Wall Street investment firms and banks, along with their kin in London and Europe, were responsible for the technology dot-com bubble, the stock market bubble, and the recent U.S. and UK housing bubbles. They extracted enormous profits and their bonuses before the inevitable collapse of...

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Microcredit in Bangladesh 'helped 10 million'

Microcredit lifted 10 million Bangladeshis out of poverty between 1990 and 2008, according to a report. The work of Grameen Bank and others helped many families to raise their income above $1.25 a day, said the US-based Microcredit Summit Campaign. The study follows recent criticism of microfinance, which works by providing small loans to people to invest in generating their own incomes. Some experts argue the report may have missed the bigger picture. They...

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India's hidden climate change catastrophe by Alex Renton

Over the past decade, as crops have failed year after year, 200,000 farmers have killed themselves Naryamaswamy Naik went to the cupboard and took out a tin of pesticide. Then he stood before his wife and children and drank it. "I don't know how much he had borrowed. I asked him, but he wouldn't say," Sugali Nagamma said, her tiny grandson playing at her feet. "I'd tell him: don't worry, we...

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Planning Commission seeks inputs from NGOs, social groups for 12th Plan by Sandeep Joshi

This is the first time that the Planning Commission has sought engagement of the civil society NGOs have given suggestions for previous Five Year PlansConsultations on various topics plannedThe Planning Commission is involving leading non-governmental organisations and civic society, seeking their inputs, suggestions and experiences, for preparing its approach paper for the 12 {+t} {+h} Five Year Plan (2012-17), which will be the base document for the Plan itself.Though NGOs had...

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