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Putting Growth In Its Place by Jean Dreze and Amartya Sen

It has to be but a means to development, not an end in itself Is India doing marvellously well, or is it failing terribly? Depending on whom you speak to, you could pick up either of those answers with some frequency. One story, very popular among a minority but a large enough group—of Indians who are doing very well (and among the media that cater largely to them)—runs something like...

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Let’s labour over it by Harsh Mander

Herding cattle and weaving carpets, on city waste-heaps, at traffic lights, in roadside eateries, in farms and in factories, in brick kilns and coal mines, in brothels and in our homes, children of the poor work at an age when our own are in school or at play. What is remarkable is not just our collective acceptance of such diverging destinies of children merely because of the accident of where they...

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The failure of a hopeful idea

-Live Mint   The poor remain poor because they lack resources. And the formal finance sector does not want to lend them because they are too poor, costs are high and they hardly have anything to offer as collateral. That is, they are trapped in the vicious circle of poverty. This was so until the arrival of microfinance—successfully demonstrated by the Bangladesh model that the poor are “good” borrowers. It was held...

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Out of the bank, into the money-lender's trap by Yogesh Pawar

"Will you come in now?" screams 50-year-old Tanhibai Kale of Ganeshpur village in Jhari Jhamni tehsil of Yavatmal, the heart of Vidarbha's suicide country. Lightening streaks across the darkened skies, followed by loud thunder. Her drenched nine-year-old grandson Nandu comes in from the downpour and tries to slink in but not before getting two slaps. "Next, you'll fall ill and we'll have to go looking for money to treat you,"...

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Decadal journeys: debt and despair spur urban growth by P Sainath

The re-classification of villages and towns, and the changes this brings to the nation's rural-urban profile, happens every decade. Yet only Census 2011 shows us a huge turnaround, with urban India adding more people (91 million) than rural India (90.6 million) for the first time in 90 years. Clearly, something huge has happened in the last 10 years that drives those numbers. And that is: huge, uncharted migrations of people...

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