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Muhammad Yunus, founder Bangladesh’s Grameen Bank interviewed by Neha Thirani

Muhammad Yunus, the economist who founded Bangladesh’s Grameen Bank, visited Mumbai recently where he spoke to India Ink about his vision of “social businesses,” his forced departure from Grameen and the recent controversies that have dogged micro-finance in India and elsewhere. An edited, condensed version of the interview follows: Q. The microfinance industry has gone through an existential crisis in the last few years. Why did the industry fall from grace? A. See,...

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India in a ‘Race Against Time’ to Meet Millenium Goals by Hari Kumar

India is lagging in its effort to reach United Nations goals to reduce poverty and improve health and sanitation, but has shown significant progress boosting education, treating AIDS and addressing environmental concerns, a U.N. official said. “We are in a race against time with just three years left” to achieve Millennium Development Goals, Noeleen Heyzer, executive secretary of the U.N. Economic and Social Commission for Asia and the Pacific, said last...

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Wrong kind of rape by Antara Das

-The Hindustan Times   On the night of February 5, a woman, on her way back from visiting a nightclub in Kolkata’s Park Street area, was raped inside the vehicle in which she had been offered a lift. Horrifying as it is, the violence perpetrated was not unique in the annals of urban crime. A mother of two, the 37-year-old was alone, her companions having already left. She had been drinking for a...

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UPA-2 ministers, plan panel say they have no discretionary powers by Vikas Dhoot

-The Economic Times "We have no power." That's the message from India's most powerful - ministers in the central government's Cabinet - when asked to list the discretionary authority each enjoyed. Only one ministry concedes that it has some discretionary powers, which it is eager to shed.  Prodded by UPA Chairperson Sonia Gandhi, a group of ministers (GoM) has the job of finding the discretionary powers enjoyed by each ministry and prune...

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Dr Abhijit Sen, Member-Planning Commission of India, interviewed by Ajay Vir Jakhar and Paranjoy Guha Thakurta

Dr Abhijit Sen is Member, Planning Commission of India. He is a Ph.D. in Economics from the University of Cambridge (currently on leave as Professor of Economics at the Jawaharlal Nehru University) and has also taught at the Universities of Sussex, Oxford and Cambridge. Besides serving various think tanks in the states and at the centre, Dr Sen has been a consultant with UNDP, ILO, FAO and various other multilateral...

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