Could India's mock war on poverty ever turn real? India became independent 63 years ago. Since Independence the country has implemented 10 Five Year Plans and a few Annual Plans. Currently the 11th Plan is being executed. Efforts made during the last six decades have resulted in the modernisation of a stagnant economy and India's emergence as a major industrial power. This period also witnessed remarkable progress in agricultural production. But India...

The forthcoming India visit of the US President, Mr Barack Obama, accompanied by Mr Thomas J. Vilsack, secretary of agriculture, and Dr Rajiv Raj Shah, administrator, United States Agency for International Development (USAID), is significant in the context of strengthening the Indo-US partnership in the field of agriculture production and sustainable food security. Several related issues will be discussed in Mumbai on November 6 and November 7 where an agriculture...

Last week's column, “The plight of Dalits and the news media” (October 25, 2010), has generated a lively and interesting response from several readers. The column was about the prioritisation of the tasks before the National Commission for the Scheduled Castes (NCSC) by its new Chairman, P.L. Punia (not P.J. Punia as erroneously mentioned in the column.) The concern of most who wrote was over the failure of successive governments...

Microfinance is an effective tool for financial inclusion. Here are some elements of the recently embattled sector The recent controversy surrounding the microfinance sector has entirely eclipsed the fact that it is the first effort in India to have delivered financial services to remote corners of the country in a self-sustaining manner. The stakes are high for India’s poor, and we have to pave the way for orderly growth in the...

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...