The earlier draft covered only non-NBFC MFIs incorporated as trusts and non-governmental organizations that constitute a very small part of the total industry The proposed microfinance Bill for governing India’s Rs. 22,000 crore microlending industry is set to give more teeth to the Reserve Bank of India (RBI) to regulate larger microfinance institutions (MFIs). This will be done by removing such entities from the purview of laws enacted by state governments...

Amendment is aimed at ‘intermediaries,' but it will end up targeting bloggers The draft proposal to amend the Indian IT Act so as to impose restrictions on intermediaries has provoked a huge outcry in the country, especially among its vocal bloggers. While the proposed rules seek to control the ‘intermediaries' such as telecom networks, web-hosting sites and Internet service providers, search engines, online payment, cyber cafes and auction sites, it is the...

India faces the challenge of inappropriate use of antibiotics while Bharat copes with poor access to treatment, resulting in a policy conundrum and inaction. India was recently in the news for the wrong reasons. The serious threat posed by the newly discovered microbe, NDM-1 (New Delhi metallo--lactamase-1), resistant to many antibiotics, triggered alarm and panic. Predictions that the country will not meet the millennium development goal for child mortality caused dismay....

A proposed government move to regulate content on blogs has ignited a firestorm of protest from the blogging community which is accusing the government of restricting free speech and acting like the guardians of a police state. At the heart of the issue is the Indian IT Act which was amended in 2008 to incorporate the much-needed changes to clarify the legal position of intermediaries or those who provide web-hosting...

A recent newspaper report noted that the Union Government had gazetted the Coastal Regulation Zone (CRZ) Notification 2011 and received strong criticism from organisations that work for protecting coastal ecosystems and fight for the rights and welfare of fisherfolk. About 20 organisations working in the field of protecting fishermen's rights and lawyers backing them have taken strong exception to the notification. This is on the ground that the new notification,...