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Micro finance, macro objectives by Krishnamurthy V Subramanian

Sample some data on the microfinance performance in India: According to the data provided by www.mixmarket.org, microfinance in India reached close to 270 lakh active borrowers in 2009, with the average loan size close to Rs 8,000. This translates into total borrowing to over Rs 20,000 crore. Though this number seems large, it represents only 0.3% of our GDP. Thus, large swathes of poor, both in our villages and urban...

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Human Development Report Shows Great Gains, and Some Slides by Neil MacFarquhar

The world has made significant progress in income, education and health over the past 40 years, but the gains have been uneven and in some places war and the ravages of AIDS shortened life spans, according to a United Nations report on Thursday. Over all, average life expectancy around the globe jumped to 70 years in 2010, up from 59 in 1970. School enrollment through High School reached 70 percent...

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Maharashtra brings out rulebook to ease implementation of RTE Act by Puja Pednekar

To standardise implementation of the Right to Education Act (RTE) and to dispel misconceptions surrounding it, the government has decided to issue a rulebook to schools across Maharashtra with easy to follow guidelines. Though it was introduced in 2009, the state has now devised the draft rules to simplify the jargon-loaded Act. “Many schools have misunderstood the Act or are confused about its implementation. Earlier, we had issued government regulations (GRs) that...

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Upper castes in remote area of Uttar Pradesh object to Angrezi Devi by Deepak Gidwani

A Dalit-dominated hamlet in remote area of Uttar Pradesh (UP) is on the radar of top officials of the Mayawati administration nowadays. At the crux of their interest is a new goddess ‘Angrezi Devi’. Construction of a temple consecrated to this goddess of English is in full swing in Jang Bahadur Ganj village of Lakhimpur Kheri district. But tension has already begun to simmer over this unique campaign to popularise English...

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Deprivation and disparities by PS Appu

Could India's mock war on poverty ever turn real? India became independent 63 years ago. Since Independence the country has implemented 10 Five Year Plans and a few Annual Plans. Currently the 11th Plan is being executed. Efforts made during the last six decades have resulted in the modernisation of a stagnant economy and India's emergence as a major industrial power. This period also witnessed remarkable progress in agricultural production. But India...

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