The effect of labour-oriented schemes like MGNREGS and health insurance cover for 300 million people are yet to be captured, says U.N's labour organisation's report India has performed poorly in providing social security protection to its people until recently with “very high vulnerability” to poverty and informal labour practices in the world, according to the International Labour Organisation. In its first comprehensive ‘World Social Security Report’, which was released yesterday, the ILO...

India, the world’s fourth largest greenhouse gas emitter, has launched a new United Nations-backed project to reduce emissions and develop a low-carbon transport system. The Indian government will work with the UN Environment Programme (UNEP) and the German non-governmental organization International Climate Initiative on a $2.5 million, three-year project to bring the country’s transport growth in line with its climate change agenda. Even though it has the world’s second largest population, India’s...

The poster boy of microfinance is now seeking some anonymity. In Andhra Pradesh, the epicentre of the worst crisis faced by microfinance in India, SKS Microfinance is playing down its identity and going into preservation mode. At its modest office in a residential colony in Warangal district, India’s largest microfinance company has taken down its board. At its head office in upmarket Begumpet in Hyderabad, it hung a cloth mesh...

Sample some data on the microfinance performance in India: According to the data provided by www.mixmarket.org, microfinance in India reached close to 270 lakh active borrowers in 2009, with the average loan size close to Rs 8,000. This translates into total borrowing to over Rs 20,000 crore. Though this number seems large, it represents only 0.3% of our GDP. Thus, large swathes of poor, both in our villages and urban...

An inter-state tussle triggered by a national issue has brought to light how amnesia has afflicted the Orissa government. Orissa chief minister Naveen Patnaik had demanded three days ago that a public hearing should be held in villages that will be affected by the proposed Polavaram hydel project in neighbouring Andhra. Documents available with The Telegraph suggest that the same Naveen government had a year ago rejected a request by Andhra to...