Microcredit is losing its halo in many developing countries. Microcredit was once extolled by world leaders like Bill Clinton and Tony Blair as a powerful tool that could help eliminate poverty, through loans as small as $50 to cowherds, basket weavers and other poor people for starting or expanding businesses. But now microloans have prompted political hostility in Bangladesh, India, Nicaragua and other developing countries. In December, the prime minister of...
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Why food is costlier by TN Ninan
Twenty years ago, a Maruti 800, with an air-conditioner fitted, cost a little less than Rs 2 lakh. Today it costs about Rs 2.5 lakh. Twenty years ago, a branded 1.5 tonne window air-conditioner cost about Rs 30,000; today, you can get a split AC unit for that price. Then, Videocon was offering large refrigerators for more than Rs 30,000; you can get better units today for much less. TV...
More »More chaff, less wheat on PDS plate
Thirty-year-old Santa Meena, a tribal woman of Saru panchayat is probably unaware that a panel headed by UPA chairperson Sonia Gandhi and the Manmohan Singh-led government are struggling to arrive at the quantity of grain that BPL families should get under the Public Distribution System. All this mother of five knows is that she has to trudge 10 km from her hamlet to the ration shop in Saru (10 km from...
More »‘Frivolous’ info seekers on rise, defeat purpose of RTI Act by Manoj More
An RTI applicant last week stumped State Information Commissioner (SIC) Vijay Kuvalekar when he demanded that the district collectorate provide him with copies of various Acts under the Indian Penal Code. The Public Information Officer and the Appellate Authority rejected his application. An exasperated SIC told the applicant that he could get the copies from the market. “Why do you have to move an RTI application for this?” Kuvalekar said. The...
More »Upcoming Asian Cup matches to highlight plight of world’s hungry – UN
Several matches during the upcoming Asian Cup football tournament, which opens in Doha, Qatar, on Friday, will be dedicated to the fight against hunger and poverty, the United Nations Food and Agriculture Organization (FAO) announced today. The three matches – the opening match between Qatar and Uzbekistan, as well as two subsequent matches played by the host nation – are part of the Asian Football against Hunger CAMPAign. “A Match Day against...
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