All epidemiological data in Chhattisgarh are ‘guesstimates' Underestimation of malaria mortality figures Public hospitals ill-equipped to handle severe cases Last week, the medical journal Lancet published the results of a malaria survey undertaken by researchers as part of the Million Deaths Study, an ambitious programme that strives to document the causes of nearly one million deaths in India from the period 1998 to 2014. As per the survey 2,05,000 Indians die of malaria every...
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Banks support India microfinance lenders
India's banking industry has thrown its support behind microfinance lenders after weeks of upheaval and confusion. Major Banks like the State Bank of India, Standard Chartered and Citi have all agreed to continue lending to microfinance firms. The multi-billion dollar industry was on the brink of a mass default. The Banks' support has hung in the balance since lenders became embroiled in controversy in the southern state of Andhra Pradesh. About four weeks ago,...
More »Big concerns over small loans by Bindu Ananth and Nachiket Mor
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...
More »Microfinance under severe stress by CRL Narasimhan
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...
More »Small holdings threat to farm sector growth by Arvind Singh Bisht
The pattern of land distribution has rendered rural landscape of UP disfavourable for farming. The precursor for this is the fragmentation of cultivable land into a large number of `small landholdings'. The process set under the demographic pressure, has caused marginalisation of a vast majority of farmers and posed a severe challenge to the prospects of rural economy and the growth of agriculture in future. Going by the official figure, UP...
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