In February 2011, India will become the first country in the world to issue its residents biometric-based numbers (UID) to establish identity. For this purpose, the Central government has constituted the Unique Identification Authority of India (UIDAI) under the Planning Commission. The UID number is marketed as a fundamental enabler for efficient delivery of government services and inclusive development. As per the Authority, benefits of the UID number include elimination...

Tens of thousands of displaced people around the world will get micro-loans to set up their own businesses and become self-sufficient thanks to a new agreement between the UN refugee agency and a microfinance services organization set up by Bangladeshi Nobel Peace laureate Muhammad Yunus. Under a memorandum of understanding signed by Mr. Yunus and UN High Commissioner for Refugees (UNHCR) António Guterres, the Grameen Trust will set up micro-loan...

Without policy efforts to deal specifically with issues such as reduced incomes and unemployment, the global economic crisis will be far from over. FOR most economic commentators, 2010 begins on an optimistic note. Just a year ago, there was much gloom about the world economy. The worst financial crisis since the Great Depression had broken out in full fury; asset markets in the United States, Europe and then most developing...

What sets poverty in India apart is the effort that has gone into defining, measuring, recalibrating, contesting, recounting, refining and disputing its magnitude, nature and, at least, in the case of one protagonist, existence. This exegesis on poverty has been captured in a world bank volume, The Great Indian Poverty Debate, published before the latest estimates by Prof Suresh Tendulkar kicked off yet another round of heated discussion on the...

Why is the government aggressively attacking and destroying inexpensive eco-friendly technologies and promoting pollution-friendly ones? Are we obliged to repeat all the mistakes that the West committed in its pursuit of economic growth? While it makes sense to corner First World countries into investing in eco- friendly technologies to control carbon emissions, as was attempted at Copenhagen, the stand of the Indian government that India cannot afford to enforce better...