Microcredit is losing its halo in many developing countries. Microcredit was once extolled by world leaders like Bill Clinton and Tony Blair as a powerful tool that could help eliminate poverty, through loans as small as $50 to cowherds, basket weavers and other poor people for starting or expanding businesses. But now microloans have prompted political hostility in Bangladesh, India, Nicaragua and other developing countries. In December, the prime minister of...

If home minister P Chidambaram’s recent letter to West Bengal chief minister Buddhadeb Bhattacharjee is any indication, it has taken the Union home ministry seven years to realise that arming civilians to fight Naxalites is a bad idea. How much longer will it take for them to realise that the current paramilitary-based approach in Chhattisgarh is similarly bound to fail? From 2003 onwards, the home ministry has followed a policy of...

Nearly 100 days after the nondescript Tembhali in Nandurbar district was swamped with promises of development, nothing has changed for the better in the tribal village. For over a week in September, the tribal village basked in public and official attention. Prime minister Manmohan Singh and UPA chairperson Sonia Gandhi landed to launch the ambitious Unique Identity (UID) card — Aadhaar — project amid great fanfare. Great promises to improve the...

Crop loss estimated at Rs 625 crore For Andhra Pradesh tobacco farmers, 2010 was a tough year. Heavy rain in the last week of November and the first week of December damaged the crop extensively, resulting in a loss of around Rs 625 crore. “According to our estimates, standing crop in 52,000 hectares out of the total 110,000 hectares has been either partially or fully damaged. This is the worst crop loss...

The wife of a leading Indian human rights activist who has been sent to prison for helping Maoist rebels has said she may seek "political asylum". Ilina Sen, wife of Dr Binayak Sen, told reporters that she and her family were "not feeling safe in India" after her husband's incarceration. Last month Dr Sen was found guilty of carrying messages and setting up Bank Accounts for the rebels. Activists say the evidence against...