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Microfinance: What's wrong with it by M Rajshekhar

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...

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Pepsi collaborates with farmers for water conservation

PepsiCo India, the country’s leading food & beverage company, has announced the successful completion of its community water initiatives in Panipat, Haryana. The project has two legs—water recharge structures aimed at improving the water availability for the neighbouring community and direct seeding of paddy that helps reduce water consumption by one-third in paddy cultivation. According to company officials, the projects will benefit nearly 200 families in and around Panipat and save...

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Diverse water sources key to food security

Increasingly erratic rainfall patterns related to climate change pose a major threat to food security and economic growth, water experts have said, arguing for greater investment in water storage. In a report by the International Water Management Institute (IWMI), experts said Africa and Asia were likely to be hardest hit by unpredictable rainfall, and urged policymakers and farmers to try to find ways of diversifying sources of water. The IWMI...

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Ponds on paper

The RTI application spilled out mind-boggling inconsistencies “THIS is our NREGS [National Rural Employment Guarantee Scheme] farm pond [water harvesting structure],” says 24-year-old Dhanpati with a flourish. Puzzled by his rhetorical declaration, I ask him: “Where is it?” “It is this. You are standing on it,” he says with a wry smile. The farm pond, one of the agricultural revival measures planned by the Central government under the scheme, has not been dug at...

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India's 'constant gardeners' by Keya Acharya

In some remote villages in India, which are most unlikely to pose as models of development, a quiet rejuvenation is taking place, with communities learning to adapt to the climate change reality of the country today. Everyone knows by now that one of the foremost signs of climate change for the country is the changing pattern of the monsoon. The Intergovernmental Panel on Climate Change (IPCC) has already forecast shorter yet...

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