The microcredit revolution has been celebrated for helping poor women in developing countries start small businesses. By borrowing money for purchases such as a buffalo or sewing machine, the women were able to help lift their families out of poverty. But critics say the microcredit model has been perverted by commercial greed in India, with reports of abusive collection methods and sky-high interest rates. "What began as a simple, innovative model...
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The Real Concern by Ashok V Desai
A patent is an artificial property right; it is created by the government, and would not exist if there were no government or if it did not grant patents. It is then for the government to decide whether to grant a patent or not. But a government would not normally make the decision arbitrarily; it would follow some rules. The rules universally followed are novelty, non-obviousness and commercial value. A...
More »Dangerous nexus to bully RTI activists
Next month, the Right to Information (RTI) Act, 2005, one of the most powerful laws enacted in independent India, completes half a decade in the cause of transparent and accountable administration. It enables, on demand, access to information the State and Central governments have in their possession. It empowers Indian citizens to ask for and get specific information, subject to certain norms, from a Public Authority, “thus making its functionaries...
More »Killing in the name of honour by Jaya Menon
A charred piece of earth and some bits of bones are the only signs of a dastardly killing in the name of honour. No other evidence remains of the spine-chilling crime to mar the rustic charm of Maalaipatti village, perched among the green mountains of the Western Ghats in Dindigul district. On July 28, 2008, a few days after being chained in a bathroom and treated like a rabid dog...
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KEY TRENDS • Section 105 of the Right to Fair Compensation and Transparency in the Land Acquisition, Rehabilitation and Resettlement Act, 2013, which provides for excluding 13 Central legislation, including Land Acquisition (Mines) Act 1885, Atomic Energy Act, 1962, Railway Act 1989, National Highways Act 1956 and Metro Railways (Construction of Works) Act, 1978, from its purview, has been amended for payment of compensation with rigours $ • The amendments have now...
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