-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...

As many as 56 villages in the Saranda forests, freed from over 10 years of Maoist dominance in a month-long offensive in August, is set to see a new era of development with the Centre planning to showcase it as a test case to prove that police action is no impediment to building social infrastructure. Union rural development minister Jairam Ramesh, who visited the Jharkhand capital last week, has sent a...

A new draft Bill holds much promise to augment the development delivery mechanism. It is the new mining Bill, 2011, which has specific provisions for earmarking funds for development purposes in the mineral-rich districts that happen to be the regions with high poverty ratios. Revamped mining legislation can boost transparency in the vexed sector that seems much prone to illegality, corruption and extensive fraud.  Further, a well-crafted mining law can actually...

-ANI   Expressing concern over the excess female and infant mortality rates in various states of the country, Rural Development Minister Jairam Ramesh has said that economic growth does not necessarily translate into gender equality.  "Economic growth does not automatically ensure gender equality. In fact, it is a very tenuous relationship between and I have something to say about this in the Indian context, but I think it is a very salutary finding...

-The Times of India   With the Bhilwara pattern social audit of schemes under the MGNREGA shelved in the state, the alternative method is also coming under political pressure. A recent application under the Right to Information (RTI) Act has revealed letters from a minister and an MLA urging the social audit directorate not to conduct audit of MGNREGA (Mahatma Gandhi National Rural Employment Guarantee Act) schemes in villages falling in their constituencies....