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Galloping Growth, and Hunger in India by Vikas Bajaj

The 50-year-old farmer knew from experience that his onion crop was doomed when torrential rains pounded his fields throughout September, a month when the Indian monsoon normally peters out. For lack of modern agricultural systems in this part of rural India, his land does not have adequate drainage trenches, and he has no safe, dry place to store onions. The farmer, Arun Namder Talele, said he lost 70 percent of...

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mumbai's rising maternal mortality rate

A shocking survey in mumbai has highlighted the alarming rise in the number of death's during childbirth. That's in sharp contrast to the all India trend that has shown a decline in last few years.   Hard to believe, yet in the heart of mumbai last year over 200 women died at childbirth beating the figure of 154 last year. This shows how maternal mortality in the city is rising at...

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ADB plans to set up $250 mn guarantee fund for microfinance by Aveek Datta and Anup Roy

India’s microfinance institutions (MFIs), under pressure because of stricter rules in their largest market Andhra Pradesh and the consequent slump in repayments there, may get a boost from the Asian Development Bank (ADB). ADB is constituting a $250 million (around Rs1,135 crore) facility to offer guarantees against loans to MFIs extended by banks in the Asia-Pacific region where it operates, including India. The move is aimed at encouraging banks to lend...

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Palaniappan Chidambaram, Indian Home Minister interviewed by Amol Sharma and Paul Beckett

Indian Home Minister Palaniappan Chidambaram is the nation's domestic security chief, overseeing a broad portfolio that includes battling a homegrown Maoist insurgency and routing out terrorists. The 65-year-old, a veteran of the ruling Congress Party who previously held senior economic posts and played a key role in the country's post-1991 liberalization, is considered a future contender for the post of prime minister. Recently, he spoke to The Wall Street Journal. Here...

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Scorching the earth by Praful Bidwai

The Environment Ministry's clearance of projects such as Posco, Jaitapur and Lavasa will cause havoc in our gravely endangered environment. EVEN the worst pessimist could not have imagined that the January 31 order of the Ministry of Environment and Forests (MoEF) approving the South Korean-origin company Posco's steel project in Orissa would be as bad as it actually is. Construction of the Rs.54,000-crore steel plant, its captive power unit and private...

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