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...
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A Deadly Misdiagnosis by Michael Specter
Every afternoon at about four, a sLIGht woman named Runi slips out of the cramped, airless room that she shares with her husband and their sixteen children. She skirts the drainage ditch in front of the building, then walks toward the pile of hardened dung cakes that people in this slum on the edge of the northeastern Indian city of Patna use for fuel. Dressed in a bright-yellow sari shot...
More »Amnesia symptom in Naveen's anti-dam cry
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...
More »Upper castes in remote area of Uttar Pradesh object to Angrezi Devi by Deepak Gidwani
A Dalit-dominated hamlet in remote area of Uttar Pradesh (UP) is on the radar of top officials of the Mayawati administration nowadays. At the crux of their interest is a new goddess ‘Angrezi Devi’. Construction of a temple consecrated to this goddess of English is in full swing in Jang Bahadur Ganj village of Lakhimpur Kheri district. But tension has already begun to simmer over this unique campaign to popularise English...
More »Spirited fight by S Dorairaj
Striking workers at Foxconn India in Sriperumbudur near Chennai take on the corporate giant, demanding better wages. WORKERS at Foxconn-India in Sriperumbudur in Kancheepuram district, Tamil Nadu, have been on strike from September 24 demanding better wages. They also want the reinstatement of 24 suspended colleagues and the withdrawal of an eight-day wage cut slapped on some workers. That they have held out for so long is remarkable, not least...
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