The accusation of ‘coercive' practices to recover the loans has been laid at the doors of some leading players Micro Finance institutions (MFIs) that are for profits are in the news for the wrong reasons. The ‘for profit' MFIs have grown spectacularly in recent times. But along with the large profits have come allegations of sharp practices. In Andhra Pradesh, where such MFIs have a sizable presence, the climate has now drastically...

In its technology statement, Aadhaar, the massive Government of India project that seeks to enrol citizens, puts on record its commitment to using open technological standards. However, the government of Kerala — the only State that mandates the use of Free and Open Source Software (FOSS) in governance — recently found that the client enrolment software used is only compatible with Windows, the proprietary operating system owned by Microsoft. The Unique...

The case of the Food Security Bill gets curiouser and curiouser.  What started off as a fight between universalization and targeting has ended (or so it would seem) in a complete victory in the National Advisory Council, Government of India (NAC) for targeting through universalization (if such a thing was possible), with the honourable exception of Prof Jean Dreze, who has to be commended for his ‘note of disagreement’. On...

After nearly two decades of debate, governments from around the world today agreed to a new United Nations treaty on managing the planet’s wealth of genetic resources – from animals to plants to fungi – more fairly and systematically. The decision came on the last day of the two-week conference of parties to the UN Convention on Biological Diversity (CBD) in Nagoya, Japan. The new pact, which is a protocol to the...

The microcredit revolution has been celebrated for helping poor women in developing countries start small businesses. By borrowing money for purchases such as a buffalo or sewing machine, the women were able to help lift their families out of poverty. But critics say the microcredit model has been perverted by commercial greed in India, with reports of abusive collection methods and sky-high interest rates. "What began as a simple, innovative model...