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Why microfinance is not half the villain it seems to be by R Jagannathan

A man, crawling on all fours, is searching for something under a tree on a hot summer’s day. A curious passerby stops and asks: “What are you looking for?” The man replies: “I’ve lost my watch.” The passerby asks: “Are you sure it fell near this tree?” The answer: “It’s cooler looking in the shade”.Governments work something like this. They do what they think is easier to do rather than...

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Some of world’s richest countries let poorest children fall further behind – UN

Italy, the United States, Greece, Belgium and the United Kingdom top a list of two dozen developed countries that let their most vulnerable children fall even further behind, with enormous consequences not only for the youngsters themselves but for the economy and society at large, according to a new United Nations report released today.“As debates rage on austerity measures and social spending cuts, the report focuses on the hundreds of...

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Rs 45000cr spends cleared without any debate in LS

With the government-Opposition standoff over a joint parliamentary committee probe into the 2G spectrum scam entering its 14th day, supplementary demand for grants amounting to spending of Rs 45,000 crore were passed without debate by Lok Sabha on Wednesday amid noisy disruptions. Both sides blamed the other for massive spending being decided without debate, with a repeat expected in the upper House on Thursday. Supplementary demands related to railways are expected...

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Swaminathan: Marry traditional wisdom with scientific knowledge

By marrying traditional wisdom with scientific knowledge, India needs to create dynamic, location-specific content, and build the capacities of local people to make meaningful use of communication technologies for rural development, M.S. Swaminathan, chairperson the M.S. Swaminathan Research Foundation (MSSRF), said here on Saturday. He was speaking at the ‘7th Convention of the Grameen Gyan Abhiyan – Rural Knowledge Movement' on Information Communication Technology (ICT) and Food, Health and Livelihood Security...

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New UN report urges measures to ensure affordable health services for all

The United Nations health agency today mapped out what countries can do, including raising more funds and spending it more efficiently, to ensure that everyone who needs health care can access it despite rising costs. The World Health Organization (WHO) notes that Governments worldwide are struggling to pay for health care, which is rising as populations get older, as more people suffer chronic diseases, and as new and more expensive treatments...

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