A generally beleaguered microfinance industry was eagerly waiting for Yezdi Malegam for deliverance. Any conversation about the microfinance business would end with the expectation that the Malegam committee would deliver a healthy dose of oxygen to the choking microfinance industry. The report was expected to be the panacea for all that ails microfinance in India. The report, which came out on Monday, disappoints not only in its inability to meet these...

Adequate involvement of academicians and policy makers is most essential for effective management of forests and common resources in the country, said Jairam Ramesh, Union minister of environment and forest. Delivering the keynote address at the inaugural ceremony of the 13th biennial conference of the International Association for the Study of the Commons (IASC), being held in the city on Monday, the Union minister put the spotlight on the environmental...

It was bad enough that the National Advisory Council in its recommendation of October 2010 proposed a food security Bill that diluted the principle of a universal right to food. It is appalling now that the C. Rangarajan Committee seeks to truncate that proposal, and legally establish a narrowly targeted public distribution system on the grounds of feasibility. Their argument is a false argument for more reasons than one. First,...

Activists and villagers affected by the Jaitapur nuclear power project will boycott the Maharashtra government's meeting, to be held here on Tuesday to clear misconceptions over nuclear energy. Experts from the nuclear energy establishment, agricultural universities and environment are expected to have an open house with the affected people, the media and elected representatives on the controversial project. Official sources said Srikumar Banerjee, chairperson, Atomic Energy Commission (AEC), Anil Kakodkar, and...

The Rangarajan committee further dilutes the proposals for the food security bill   The Rangarajan committee set up by the Prime Minister to examine the recommendations of the NAC on the food security bill has submitted its report. It is not surprising to see that it has argued against even the minimalist framework of the NAC saying that expanding the PDS is impossible due to procurement and fiscal constraints. Although the full...