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Lessons for micro-finance from 2010 by Subir Roy

The year 2010 was a tumultuous one for micro-finance institutions (MFIs) in India. It began with the highly successful SKS Microfinance public issue, which prompted other prominent MFIs to announce similar plans. It ended with the tumult in Andhra Pradesh which was marked by the state’s legislation to regulate the sector, severely impairing its ability to survive. MFI recoveries are down and they, in turn, have fallen behind in their...

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Andhra sows seeds of new revolution in agriculture by Trushna Udgirkar

From green revolution, Andhra Pradesh wants to move to pink revolution in agriculture, with women in the primary role. The project has started in a small way but hopes to turn 60 per cent of the cultivable area in the state over to organic farming. It will be implemented with the help of women’s self-help groups, which were in the limelight recently for highlighting the usury ways of micro-finance institutions. Already, over a...

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Cautious hope by Neeraj Hatekar

The economy shows consistent signs of growth. The challenge in the new year is to make development more equitable and broad-based… 2010 was a year of relief that soon grew into despondency. We were relieved that India had pulled out of the deepest post-War recession relatively unscathed. The soundness of its cautious macro-economic management was underlined once again and the US economy is also looking like getting slowly back on...

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WB: Buddha says child labour cannot be banned by Priyanka Gupta

West Bengal Chief Minister Buddhadeb Bhattacharya has courted another controversy by remarking on child labour. "We can't ask them to stop work because that will affect their families' source of income." The West Bengal Chief Minister is courting controversy with a statement saying it is not practical to ask children to stop working - this four years after child labour was officially banned across India. The best that can be done he...

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NRHM: addressing the challenges by KS Jacob

NRHM needs to revitalise systems, monitor their functional performance and investigate their impact on the indices of health. The National Rural Health Mission (NRHM) was launched in 2005 to bring about a dramatic improvement in the health system and health status of people in rural India. It seeks to provide universal access to health care, which is affordable, equitable, and of good quality. It aims at making architectural corrections to basic...

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