Microfinance is an effective tool for financial inclusion. Here are some elements of the recently embattled sector The recent controversy surrounding the microfinance sector has entirely eclipsed the fact that it is the first effort in India to have delivered financial services to remote corners of the country in a self-sustaining manner. The stakes are high for India’s poor, and we have to pave the way for orderly growth in the...

With the aim of bringing transparency in work, Jan Mitra Nyas, a trust constituted by the NGO People’s Vigilance Committee for Human Rights (PVCHR), organised its social audit at a hotel in Jagatganj area in Varanasi on Wednesday. The trust presented all its balance sheets, account bill vouchers and progress reports, before the people from areas where the trust’s projects are being run, including both representatives of these programmes and...

A meticulous study of the agrarian relations in three villages. ONE of our senior sociologists once drew my attention to the distinction between economics and other social sciences. Other social sciences – sociology and anthropology, for instance – he said, pay a great deal of attention to gathering primary data and interpreting them, whereas economics relies on secondary data for its analysis. This is, to a large extent, a fair...

The National Advisory Council (NAC), which recently approved subsidised food for 75 per cent of population, has entrusted the task of drafting the Food Security Bill with a Working Group on food security for the consideration of the Council meeting, slated for November 26. The NAC working committee, while finalising the details of the Bill, will also look into proposals for introducing some reforms in the PDS system to efficiently carry...

The obnoxious practice will continue in one form or the other, as long as the government and society treat certain so-called menial jobs as the preserve of one community. On November 1, a unique journey will come to a ceremonious end in Delhi. Earlier this month, five bus loads of men and women headed out from different corners of the country with one slogan on their lips: honour and liberation for...