-The Hindu There is at last some clarity on the politics of the anti-corruption movements. Baba Ramdev’s dramatic call for Congress- hatao and the ‘political turn’ of the Anna movement have confirmed that a movement aimed at rooting out corruption cannot defer a direct encounter with party politics for very long. The manner in which both decisions were announced left something to be desired. The announcement by ‘Team Anna’ invited serious...

-The Business Standard   One of Sewa's triumphs is formation of the Mahila SEWA Sahakari Bank In April 10 this year, SEWA, the Self-Employed Women’s Association, which prefers to describe itself as a cooperative or trade union rather than a microfinance institution (MFI) (though it straddles both spheres), with a membership of 1.3 million women, completed 40 years of its existence. This gives us an ideal opportunity to review its historic contribution to...

Rising wages in both rural and urban India have contributed to inflation, and managing price levels when wages are rising is key to deriving benefits from higher growth, the Reserve Bank of India has said.  "The pressure on generalised inflation from sustained increase in wage costs has been one important characteristic of the recent high inflation episode. Wage increases for unskilled labourers in rural areas continue to be at a rate...

-The Business Standard Rising per capita income and growth have reduced poverty among all classes, including socially-disadvantaged classes. Though there are skeptics who argue that growth has bypassed the socially disadvantaged classes, the analysis of National Sample Survey (NSS) data proves otherwise. But, high prevalence of poverty in the states where more SC, ST populations are living still remains same. A Columbia University, USA, study that had analysed the NSS figures from...

-The Hindu   “Need for regulatory space for MFIs so they function without affecting SHGs” The National Rural Livelihood Mission (NRLM) would connect at least one woman from every poor household across the country with self-help groups (SHGs) in five years, Union Minister of Rural Development Jairam Ramesh said on Friday. “The objective of the programme is to ensure that in a five-year period one woman from every poor household becomes a member of...