Recent events in south Asia have led to an unexpected reversal in the narrative of microfinance, long presented as a development success. Despite charges of poor treatment of clients, exaggeration of the impact on the poorest as well as the risks of credit bubbles, the sector can play a non-negligible role in reaching financial services to low-income households. In regulating the sector, there is need for caution in setting interest...

Special schools will be set up for mentally challenged children in Japanese Encephalitis (JE) affected areas while fixed monthly compensation will be given to families below the poverty line having children with disability due to JE. A group of ministers (GoM) formed to handle India's JE outbreak which included Ghulam Nabi Azad, Jairam Ramesh, Krishna Tirath and Mukul Wasnik met for the first time on Monday to finalize a new strategy....

The return of peace and normalcy in Kashmir is a reality. And to ensure a durable and lasting peace, a humane approach to handle the law and order situation may be required. In a vibrant, democratic country, authoritarian ways of suppressing people’s voices prove to be counterproductive. It may be recalled that the law and order situation in Kashmir worsened in the aftermath of unfair and rigged assembly elections of 1987,...

-The Hindu   “If the law of the market is ignored, then no government policy, however well intended, is going to work”, Chief Economic Advisor to Government of India Kaushik Basu said at a conference on the Indian health sector here on Friday. He referred specifically to how 44 per cent of the food grain meant for the poor never reaches them through the Public Distribution System and said that this needs...

On August 26, Japanese Prime Minister Naoto Kan resigned, taking responsibility for the disastrous meltdown of the Fukushima Daiichi nuclear power plant, which was caused by the March 2011 undersea earthquake and ensuing tsunami.  In India, on the other hand, the deliberate contamination of a drinking water tank with radioactive waste in the Kaiga nuclear power plant in Western Ghats in the state of Karnataka has gone unpunished for two whole...