The National Food Security Bill has the potential to make a significant difference to the lives of the poor if properly implemented. However, the Bill in its present form has some easily correctible flaws that could cause huge problems in the future. A couple of simple amendments would greatly simplify the implementation and also allow innovation in the delivery of food subsidy. First, the proposed framework based on three categories of...

Muhammad Yunus, the economist who founded Bangladesh’s Grameen Bank, visited Mumbai recently where he spoke to India Ink about his vision of “social businesses,” his forced departure from Grameen and the recent controversies that have dogged micro-finance in India and elsewhere. An edited, condensed version of the interview follows: Q. The microfinance industry has gone through an existential crisis in the last few years. Why did the industry fall from grace? A. See,...

Nine moths after the thrashing it received in the Assembly elections, the CPM leadership has undertaken a purge within. It has dropped 13 of its veterans from the West Bengal state committee, three of them several-term MPs, from key posts on grounds of “anti-party activities” or age and health. Party insiders say the exercise was a reflection of Buddhadeb Bhattacharjee asserting himself with the party’s state unit. Such a drive had,...

Professor Arjun Appadurai is a Mumbaikar at heart; coming to the city is an annual pilgrimage for this internationa­lly renowned cultural theorist and anthropologist. Appadurai, 62, who studied in Mumbai’s Elphinstone College, is currently Goddard Professor of Media, Culture and Communication at New York University. He has been consultant and advisor to a wide range of public and private foundations such as The Smithsonian. In his seminal work Disjuncture and...

Passing by dense sugarcane and mustard fields, and potholed tracks on the outskirts of rural Lakhimpur Kheri, one reaches the large residential enclave of Mithun Kumar on the Uttar Pradesh-Nepal border. Introductions done, the 52-year-old proudly informs he has just booked a 2,000 sq ft plot in the upcoming Omaxe City township in Lucknow. "It will also have a club house and a mini golf-course once fully developed," he adds. As farmers...