Recent events in south Asia have led to an unexpected reversal in the narrative of microfinance, long presented as a development success. Despite charges of poor treatment of clients, exaggeration of the impact on the poorest as well as the risks of credit bubbles, the sector can play a non-negligible role in reaching financial services to low-income households. In regulating the sector, there is need for caution in setting interest...

An unprecedented economic growth during the last decade has also seen increasing malnutrition, hunger and starvation amongst certain sections of society. India ranks 66 in the Food and Agriculture Organisation’s (FAO’s) World Hunger Index of 88 countries (Inter-national Food Policy Research Institute). More than 200 million people in this country are denied the right to food. One-third of all underweight children (57 million) in the world due to lack of...

Village studies are a treasure trove of information on economic and social changes A noteworthy feature of research on Indian agriculture is the resurgence of interest in village studies. Such studies – that include resurveys of villages studied earlier – provide insights into the Livelihood prospects of the majority of people who continue to work in the countryside. They are an important mode of research to understand agrarian relations that often...

The state has done precious little to improve the lot of agriculture workers. Agricultural wage workers (AWW) earn their Livelihood by working for wages in the agriculture sector. In India, AWWs are the second largest group of all workers, after owner-cultivators or farmers. Of the workforce of 402 million, AWWs are at least 110 million. Wage work in the agriculture sector has always been considered a low-status occupation in India, as agriculture...

-The Indian Express   Migration of labourers from Bihar in search of Livelihood to places like Punjab and Delhi has declined by over 26 per cent, thanks to initiatives taken by the Nitish Kumar government in the past five years to check their exodus, according to a survey report. Flight of unskilled workers from Bihar to different parts of the country came down by 26.53 per cent in 2006-08 as compared to 2001-03,...