The accusation of ‘coercive' practices to recover the loans has been laid at the doors of some leading players Micro Finance institutions (MFIs) that are for profits are in the news for the wrong reasons. The ‘for profit' MFIs have grown spectacularly in recent times. But along with the large profits have come allegations of sharp practices. In Andhra Pradesh, where such MFIs have a sizable presence, the climate has now drastically...
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Aadhaar software locked in with ‘Windows' by Deepa Kurup
In its technology statement, Aadhaar, the massive Government of India project that seeks to enrol citizens, puts on record its commitment to using open technological standards. However, the government of Kerala — the only State that mandates the use of Free and Open Source Software (FOSS) in governance — recently found that the client enrolment software used is only compatible with Windows, the proprietary operating system owned by Microsoft. The Unique...
More »Food Security Sans PDS: Universalization Through Targeting? by Smita Gupta
The case of the Food Security Bill gets curiouser and curiouser. What started off as a fight between universalization and targeting has ended (or so it would seem) in a complete victory in the National Advisory Council, Government of India (NAC) for targeting through universalization (if such a thing was possible), with the honourable exception of Prof Jean Dreze, who has to be commended for his ‘note of disagreement’. On...
More »India slips 10 spots to 88th on Global Prosperity Ranking
India has slipped 10 places to the 88th spot, way below neighbouring China, in the World Prosperity Index due to poor healthcare and education systems coupled with weak entrepreneurial infrastructure. While last year, India stood at 78th position, according to London-based Legatum Institute that compiled the index. China is ranked 58th in the list of 110 countries, which is topped by Norway. Other countries in the top five are Denmark (2), Finland...
More »Sonia's NAC favours statutory minimum wages under MNREGS by Vidya Subrahmaniam
Contradicts Centre's line on issue of minimum wages payment Going against the view of the United Progressive Alliance government, the Sonia Gandhi-led National Advisory Council (NAC) has favoured the payment of statutory minimum wages to workers under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MNREGS). The NAC's line is in conflict with the January 1, 2009 notification issued by the Union Ministry of Rural Development, delinking the MNREGS wages from The...
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