It is difficult to predict what denouement the spat between the Sheikh Hasina-led Bangladesh Government and Mohammed Yunus, the Noble Laureate, would ultimately reach but it has undoubtedly brought to the fore many pitfalls of the micro-credit system which has so far been hailed as a panacea for poverty alleviation not just in the Third World countries but in many developed nations too. It may be a bit unfair to...

Anna Hazare trusts Narendra Modi on “development” but not the maturity of the Indian voter. Fresh from the Lok Pal “victory”, the social activist has said he will never contest an election as most Indian voters do not value their vote and sell it for money and liquor. “I will lose my deposit if I stand for elections.… The voter is not aware. Many of them cast their votes for a 100-rupee...

The Krishak Mukti Sangram Samity Assam’s (KMSSA) General Secretary Akhil Gogoi on Sunday was taken into custody by Pan Bazaar Police from outside the Guwahati Press Club premises for first instance violation of PR Act 126. Anti-corruption campaigner Akhil Gogoi along with some 40 members and supporters was at that time about to proceed to Dighali Pukhuri to lead a democratic sit in protest in support of Gandhian Anna Hazare’s demand...

Cash transfer as substitute for state service provision is a dangerous recipe for callously anti-poor and corrupt governance. THE staggering number of recent articles, papers and books on the virtues of giving cash in place of public services to the poor has created an impression that a sort of epidemic has broken out. Economists, policymakers, bureaucrats and newspaper commentators are all infected by it and are in turn infecting others. The central...

India should look at renewable energy to meet its power needs, Environment Minister Jairam Ramesh has said. In a letter to Prime Minister Manmohan Singh last week, Ramesh drew his attention to a World Bank report on renewable energy in India. The report suggests that renewable energy is an important part of the solution to India's power shortage. The letter gains significance as the coal and power ministries have cited growth...