Tuberculosis continues to be a major health problem in India. But the unveiling of a new test to diagnose TB and drug resistance on World Tuberculosis Day (March 24) brings some hope into a bleak scenario. Last Thursday, on World Tuberculosis Day, for the first time since the 1880s there was probably some justifiable cause for jubilation. After centuries of grappling with sputum smear microscopy, developed way back in the 1880s,...
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New draft of MFI Bill to give more teeth to RBI by Dinesh Unnikrishnan
The earlier draft covered only non-NBFC MFIs incorporated as trusts and non-governmental organizations that constitute a very small part of the total industry The proposed microfinance Bill for governing India’s Rs. 22,000 crore microlending industry is set to give more teeth to the Reserve Bank of India (RBI) to regulate larger microfinance institutions (MFIs). This will be done by removing such entities from the purview of laws enacted by state governments...
More »World's poorest workers fall further behind: Study
Scavengers, street vendors and other informal workers are falling further behind as the global economy recovers, amid rising competition from hordes of new working poor , a study released Wednesday said. A survey of people struggling in the so-called "informal job sector" in nine Asian, African and Latin American countries found they had largely missed out on the benefits of the rebound from the 2008 financial crisis. "Incomes have risen for some...
More »Eco-Farming Can Double Food Production in 10 Years, says new UN report
Small-scale farmers can double food production within 10 years in critical regions by using ecological methods, a new UN report* shows. Based on an extensive review of the recent scientific literature, the study calls for a fundamental shift towards agroecology as a way to boost food production and improve the situation of the poorest. “To feed 9 billion people in 2050, we urgently need to adopt the most efficient farming techniques...
More »Budget falls short on basics by PV Indiresan
The Budget should be an instrument of economic discipline and a promoter of healthy social development. As it is, it is like a leaky tap; it cannot halt inflation without disciplining political skulduggery. March 21, 2011: A lot has been written about the Budget, how it affects this or that industry or business, or how it will increase or decrease the GNP growth rate. Undoubtedly, all those factors are important. But...
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