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Microcredit no panacea for poverty: study -Rukmini S

-The Hindu Six studies in four continents also reveal that small loans had no impact on women's empowerment Six studies in four continents, including one in India, have shown no evidence of microcredit successfully alleviating poverty, researchers said on Friday. Microcredit also had no impact on women's empowerment, the findings showed, upturning one of the articles of faith of development policy, including in India. Conducted by researchers affiliated to Innovations for Poverty Action (IPA)...

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‘90% of political fundings in 2013-14 came from India Inc’

-The Times of India NEW DELHI: Who funds political parties? Corporates do. According to an analysis by Association for Democratic Reforms (ADR), 90% of political funds have been contributed by corporates or business houses. Roughly about half the amount donated to political parties came from Delhi followed by Maharashtra and Gujarat. This is based on declaration of Donations submitted by parties to the Election Commission. While BJP is yet to submit details...

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World risks spending $250 billion on simply monitoring UN development goals: report

-Down to Earth The number should be reduced from the current 169 targets A development expert, Morten Jerven, has estimated that the world might end up spending close to $250 billion just to monitor UN development goals for 2030. In a report, Jerven proposes that governments should cut down the number of targets from the current 169 to avoid over-spending. According to Reuters, world leaders will set new sustainable development objectives-such as improving...

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The Hills Aim Higher -Reetika Khera

-Outlook More government took Himachal near the top of development indices In the run-up to the Lok Sabha elections, the buzz around the so-called ‘Gujarat model' was such that without really knowing what it stood for, everyone wanted it. ‘Minimum Government, Maximum Governance' is as close as one could get in terms of concrete proposals. However, when one looks at the achievements of Gujarat, the buzz turns to a whimper (see...

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'Blacklisted' Donor Agency Funds Gujarat Government Projects -Sreenivasan Jain

-NDTV After the Intelligence Bureau controversially concluded that Greenpeace India is "a threat to national economic security", the government asked for tighter controls on moving funds from abroad into the NGO's accounts. NDTV has learnt that one of the blacklisted foreign donors, the U.S.-based Climate Works Foundation, has helped fund projects run by the government in Gujarat, the home state of Prime Minister Narendra Modi. The Intelligence Bureau said in its report...

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