Recent events in south Asia have led to an unexpected reversal in the narrative of microfinance, long presented as a development success. Despite charges of poor treatment of clients, exaggeration of the impact on the poorest as well as the risks of credit bubbles, the sector can play a non-negligible role in reaching financial services to low-income households. In regulating the sector, there is need for caution in setting interest...
More »SEARCH RESULT
Total Matching Records found : 380
Travails of displaced tribals of Bastar by Asha Shukla
-IANS An eerie silence welcomes me as I walk down the row of houses, not a soul in sight. I know that from every tiny window in these little brick-walled units, watchful, suspicious eyes follow my every move. They are assessing me, wondering if I am friend or foe. But then, in these thickly forested parts, the lines of distinction blurred many years ago. And their life could depend on the accuracy...
More »Where development hasn’t quite reached by Bhamati Sivapalan and Yamini Deenadayalan
After being mired in controversies across the nation over multi-crore scams, the MGNREGA scheme hasn’t quite made headway in Bulandshahr district’s Anupshahr yet, say Bhamati Sivapalan and Yamini Deenadayalan “MGNREGA is a flop in Uttar Pradesh,” extended NGO worker Manish Sharma, as small talk, at the block development office of Anupshahr in the Bulandshahr district of Uttar Pradesh. Despite having been in force since 2005, the Mahatma Gandhi National Rural Employment...
More »Tool of exclusion by Nikhil Dey
The UID in the National Rural Employment Guarantee Act may simplify the administrator's task, but will not make a poor man's task any easier. EVERY time there is talk of tinkering with the National Rural Employment Guarantee Act (NREGA), it is time we recalled how and why the Act came into existence. The passage of the NREGA was Parliament's response to a people's movement that grew out of the recognition and...
More »A right approach to rights by Jairam Ramesh
The Citizens' Right to Grievance Redress Bill, 2011, marks the next milestone in the UPA's mission to enact a series of rights-based legislation. Drawing on the framework of the Right to Information Act, the Bill seeks to ensure that the common man receives efficient delivery of goods and services that he is entitled to - which may have been delayed. The Bill will empower citizens to take action against the...
More »
