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Has demonetisation hit micro-finance? -MS Sriram

-The Hindu Business Line Kirana and tea shops are doing better than businesses that involve discretionary spending The Micro-finance industry (MFI) is cursed and blessed at the same time. When there were indications that the micro-finance sector is overheating, with high growth rates, multiple lending and oppressive loan recovery practices, the withdrawal of specified bank notes (SBN) hit them. There were reports of stress from Uttar Pradesh and it appeared that there...

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Less than 5% of tribals' forest rights "recognized" in India, no mechanism to ensure land ownership to women -Asavari Sharma and Gaurav Madan

-CounterView.net A new report, “Promise and Performance – Ten Years of the Forest Rights Act (FRA)”, released at a recent national convention in Delhi, has revealed that less than 5% of rights out of a total of over 200 million tribals and other traditional forest dwellers for about 34.6 million hectares (ha) in India has been so far recognized. The report, released as part of the Community Forest Rights Learning and Advocacy...

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Most corrupt are roaming scot-free, indicates official crime data

Although corruption touches every section of the Indian society, there are very few complaints made against bribery or corrupt people. How can one explain this contradiction? Is it the case that the laws relating to corruption are so weak and toothless in our country that people seldom rely on them to get justice? Recent research based on data from the National Crime Records Bureau (NCRB) confirms the above-mentioned fact. Please click...

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Esther Duflo, development economist and a professor at the department of economics at the Massachusetts Institute of Technology (MIT), interviewed by Roshan Kishore and Pramit Bhattacharya (Livemint.com)

-Livemint.com Economist Esther Duflo on demonetisation impact, role of randomized control trials in policymaking, low priority assigned to health and education in India New Delhi: India’s demonetisation of high-value currency notes is a dramatic example of a policy announcement made without any serious thought given to implementation, said Esther Duflo, one of the leading development economists of the world and a professor at the department of economics at the Massachusetts Institute of...

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'Need to link Aadhaar with details of voters' -Krishnadas Rajagopal

-The Hindu No absentee voting rights for domestic migrants till foolproof technology in place, says Commission Noting that “there is an emergent need to link Aadhaar with the electoral details of voters”, the Election Commission of India has given a mixed response to the Supreme Court on providing absentee voting rights, like electronic voting and proxy voting, to over 300 million domestic migrants in the country, saying there is no foolproof mechanism...

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