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Total Matching Records found : 275

Microlenders, Honored With Nobel, Are Struggling by Vikas Bajaj

Microcredit is losing its halo in many developing countries. Microcredit was once extolled by world leaders like Bill Clinton and Tony Blair as a powerful tool that could help eliminate poverty, through loans as small as $50 to cowherds, basket weavers and other poor people for starting or expanding businesses. But now microloans have prompted political hostility in Bangladesh, India, Nicaragua and other developing countries. In December, the prime minister of...

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Dread of Democracy by Rudrangshu Mukherjee

The historian Ramachandra Guha has famously described India as a fifty-fifty democracy. But even admirers of India as a functioning democracy will perhaps be forced to admit that certain events in 2010 forced the needle to move beyond fifty against democracy. Threats to democracy and democratic rights have never been as evident, and as powerful, since the dark days of the Emergency in 1975-76 as they were in the course...

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Judgment that risks tainting democracy by Vinay Sitapati

Indian law affords Binayak Sen one automatic right to appeal, and another at the discretion of the Supreme Court. Meanwhile, given the visible disparity between the quality of allegations against him and the repercussions, the judgment is sure to provoke a national and international outcry. One thousand three hundred and twenty days after he was first arrested, Binayak Sen has been sentenced to life imprisonment for sedition against the Indian...

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Money for nothing. And misery for free by Rohini Mohan

IT WAS a windfall five years ago that taught Panchali Satyavva the power of a lie. It happened one Monday afternoon in Someshwar village of Nizamabad district in Andhra Pradesh. It was raining in sheets and she had just placed a bucket under the steady trickle of water from the roof of her hut. Two men were at her door, holding umbrellas and offering her an unsolicited Rs. 5,000. They...

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Naidu fast spotlight on farmers

Chandrababu Naidu has managed to do outside the Andhra Assembly what he couldn’t within its four walls — train the national spotlight on the plight of farmers crippled by successive national calamities and inadequate compensation. The Telugu Desam president, who has been on indefinite hungerstrike at the new MLA quarters since Friday demanding higher compensation for farmers, was today forcibly taken into custody in the wee hours after a seven-hour drama...

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