MFIs in Andhra Pradesh are paying for the sins of their past. Market for new loans has dried up, banks have turned off their spigots while the AP government is content to sit back and watch. It has been eleven months since the Andhra Pradesh government issued an ordinance—later converted into the Andhra Pradesh Micro-Finance Institutions (Regulation of Money Lending) Act—which, the microfinance industry hoped, would be the magic remedy that...

• Without a clear definition of ‘public purpose’, the land acquisition bill is meaningless • The bill’s definition of ‘fertile land’ can potentially harm the agriculture sector • Government’s role in defining land will create economic and political problems in future As Parliament debates this month it will, hopefully, move beyond issues of corruption in high places to important economic legislation. Two such pieces of legislation are the land acquisition bill and...

-The United Nations   The United Nations World Health Organization (WHO) today launched a web-based tool that gives governments and health-care providers access to clear guidance on how to scale up life-saving nutrition interventions to combat all forms of malnutrition. The WHO e-Library of Evidence for Nutrition Actions (eLENA), launched at the beginning of a three-day Asian regional meeting on nutrition in Colombo, Sri Lanka, is designed to help governments overcome one...

-The United Nations   Several United Nations agencies and their partners are calling for greater cooperation to tackle the threat posed to the world’s forests from extreme weather events and natural disasters. Extreme weather events that greatly impact the health of forests include cyclones, floods, landslides, tornadoes, earthquakes and volcanic eruptions – so-called “abiotic disturbances,” according to a news release issued by the UN Food and Agriculture Organization (FAO), which is among 14...

Popular perception of the state of economy, as recorded by the CNN-IBN-CNBC-TV18 State of the Nation Poll in association with Forbes India conducted by the CSDS, confront the "aam admi" government with many reasons to worry. Unlike corruption, the message is not loud here. Years of survey research have demonstrated that Indians tend to be positive and optimistic when it comes to their economic conditions. One needs to look at...