The growing public support for Anna Hazare-style protests, led by unelected campaigners, bode ill for Indian democracy, distinguished academic and Labour Peer Bhikhu Parekh warned while delivering the 2011 Jawaharlal Nehru Memorial Lecture here on Monday. The Indian democracy, he said, was in danger of losing legitimacy if elected politicians failed to meet public expectations and people, in frustration, started mobilising around “leaders” who had no democratic mandate but could have...
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Reviving Universal PDS: A Step Towards Food Security by Suranjita Ray
An unprecedented economic growth during the last decade has also seen increasing malnutrition, hunger and starvation amongst certain sections of society. India ranks 66 in the Food and Agriculture Organisation’s (FAO’s) World Hunger Index of 88 countries (Inter-national Food Policy Research Institute). More than 200 million people in this country are denied the right to food. One-third of all underweight children (57 million) in the world due to lack of...
More »What’s Wrong and Right with Microfinance by David Hulme and Thankom Arun
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...
More »Encephalitis-hit kids to get special schools by Kounteya Sinha
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....
More »‘Rural wages scheme, Food Security Bill can stoke inflation’
-The Indian Express Reserve Bank of India Governor D Subbarao on Tuesday cautioned that policies — the significant increase in rural wages triggered by the MGNREGS and inflationary implications of the proposed Food Security Bill — aimed at inclusive growth can stoke inflationary pressures at any rate in the short-term. “The need for making growth inclusive is incontestable, but it is important to recognise that policies aimed at inclusion can stoke inflationary...
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