At BANCON (annual bankers' conference) 2011 in Chennai, financial institutions explored avenues for greater participation in agriculture and rural development. There are a few areas in need of additional attention and investment. Green Revolution technologies are scale-neutral but not resource-neutral. Inputs are needed for output; therefore market-purchased inputs become important in providing soil and plant healthcare for higher yields. Social scientists point out that small and marginal farmers will be excluded...

Of late, there has been a debate on whether public programmes such as school education, scholarships, health-care delivery and access to microcredit can be targeted at beneficiaries based on religion; some consider this ‘unconstitutional' and argue that it amounts to discrimination. I highlight the constitutional provisions and argue that there is nothing in the Constitution which bars identification of beneficiaries based on religion. Religious identity is listed on a par...

In an attempt to bolster its aam aadmi image, the government is setting up the Aajeevika Development and Financial Corporation, a financial institution to ensure easily available funding for self-help groups under the National Rural Livelihood Mission. Problems in accessing credit for families below poverty line have been a major hurdle for the livelihood mission. The rural development ministry is in the process of inter-ministerial consultations on the proposed financial...

The Anna Hazare movement demands no activism from its followers, not even a clear understanding of the specific demands. “COMBATING corruption”, like “promoting peace”, can mean anything to anyone; and precisely because of this “fuzziness” it appeals to everyone. Some join the anti-corruption movement because they are against “corporate loot”; others join because they are against the Nehru-Gandhi “dynasty”; and still others join because they oppose the “corrupt practice of...

  There are times when fathers and sons say the same things. In 2008, days after terrorists from Pakistan massacred scores of people in Mumbai, a group of affluent young couples met for dinner. They work in large corporations, hold university degrees from the United States and England, subscribe to The Economist and even read it. But it was inevitable that when the men started talking about how the Indian government was too...