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Toilet Day: Women economists urge action by Alka Pande

-IBNS   A group of about 35 women economists from different countries of Europe, UK, US, Australia and India, have written an open letter to Prime Ministers and Presidents of South Asian nations, including India, which are facing acute sanitation crisis. From India, Jayati Ghosh, Professor, Centre for Economic Studies and Planning, Jawaharlal Nehru University; Bina Agarwal, Director, Institute of Economic Growth, Delhi University and Isher Judge Ahluwalia, Chairperson Board of Governors, Indian...

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What’s Wrong and Right with Microfinance by David Hulme and Thankom Arun

Recent events in south Asia have led to an unexpected reversal in the narrative of microfinance, long presented as a development success. Despite charges of poor treatment of clients, exaggeration of the impact on the poorest as well as the risks of credit bubbles, the sector can play a non-negligible role in reaching financial services to low-income households. In regulating the sector, there is need for caution in setting interest...

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Efforts to prevent and treat HIV/AIDS are yielding progress – UN report

-The United Nations   Global efforts to prevent and treat HIV/AIDS are showing optimistic results, but transformative efforts are needed to accelerate progress, according to the latest report released today by the United Nations agency leading the fight against the disease.   The Report on the Global AIDS Epidemic 2011, produced by the Joint UN Programme on HIV/AIDS (UNAIDS), shows there has been a significant decrease in infection rates and HIV-related deaths, as well...

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‘Rural wages scheme, Food Security Bill can stoke inflation’

-The Indian Express   Reserve Bank of India Governor D Subbarao on Tuesday cautioned that policies — the significant increase in rural wages triggered by the MGNREGS and inflationary implications of the proposed Food Security Bill — aimed at inclusive growth can stoke inflationary pressures at any rate in the short-term. “The need for making growth inclusive is incontestable, but it is important to recognise that policies aimed at inclusion can stoke inflationary...

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How reliable is UID? by R Ramachandran

At the technical level, the question is whether the technology deployed for identification will return answers that are unambiguous. THE Unique Identification (UID) project, the national project of the Government of India, aims to give a unique 12-digit number – called Aadhaar – to every citizen of the country, a random number that is generated and linked to a person's demographic and biometric information. The key word is “unique”. Launched in...

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