IT WAS a windfall five years ago that taught Panchali Satyavva the power of a lie. It happened one Monday afternoon in Someshwar village of Nizamabad district in Andhra Pradesh. It was raining in sheets and she had just placed a bucket under the steady trickle of water from the roof of her hut. Two men were at her door, holding umbrellas and offering her an unsolicited Rs. 5,000. They...

The team took part in side events, held ralliesAlso highlighted the significance of small-holderA delegation of non-government organisations assembled under the banner “Beyond Copenhagen” has returned here from Cancun, Mexico, after making interventions for bringing agricultural and food security issues to the mainstream climate negotiations at the 16 {+t} {+h} U.N. Climate Summit. The team took part in the side events, held rallies and lobbied with negotiators during the much...

While many U.S. residents prepare for their annual Thanksgiving feast Thursday, one in six are at risk of hunger – including a quarter of all children in the country. Globally, 925 million people, or a little less than 15 percent of the world population, is undernourished. Ironically, Washington's efforts to alleviate hunger abroad may be more successful than at home, analysts say. The U.S. Department of Agriculture's estimate last week that 49...

MICROFINANCE is an example of something that is sadly all too rare: an anti-poverty tool that usually at least breaks even. If you make small, uncollateralised business loans to groups of poor women, they almost always repay them on time. It has grown rapidly in many countries, not least Bangladesh and India. With nearly 30m clients each, these are now the world’s biggest markets for microfinance. Yet the industry has...

SKS Microfinance, India's largest microfinance player, arrived with a bang with its hugely successful IPO in August. However, the recent sacking of its MD and CEO Suresh Gurumani  has opened up a pandora's box that is now threatening to expose the ugly underbelly of the sector which, many allege, is teeming with players who are no better than moneylenders but have so far been able to operate under the pious...