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Bad Breaking News: Media’s Gender Record Is Dismal

We come to know about gender discrimination only through the media. Our knowledge about latest global or local gender reports is also media-dependent. But what do we know about the media’s own record of allowing space for women’s voice? The good news is that the mass media is beginning to come under the scanner on this count but the bad news is that the media’s own record is quite dismal. A...

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Is Rajasthan Government Selling Farmers’ Interests? by Bharat Dogra

DEALS WITH MULTINATIONALS AND OTHER BIG AGRIBUSINESS COMPANIES A wide range of farmers’ organisations, Gandhian organisations, people’s movements and NGOs have united to oppose a series of disturbing agreements which the Rajasthan Government reached with various multinational and other agribusiness companies including Monsanto. These agreements, which greatly increase the control and influence of these companies over the agriculture sector in India’s biggest State (in terms of area), have proved so controversial...

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India only 4th most corrupt in Asia Pacific

India finds itself bracketed with countries like Philippines and Cambodia, rated as the fourth most corrupt nation among 16 countries of the Asia Pacific region surveyed by leading Hong Kong-based business consultancy firm PERC. The Political and Economic Risk Consultancy Ltd (PERC) rated India at 8.67 on a scale of zero to 10 with the high end being the worst case of corruption scenario and ahead of the Philippines (8.9 points),...

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New draft of MFI Bill to give more teeth to RBI by Dinesh Unnikrishnan

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...

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Experts warn Africa must learn from India's microfinance problems by Teo Kermeliotis

It has been lauded as one of the most promising ways of using the market to reduce poverty and boost economies in some of the world's most deprived areas. But in recent months the work of microfinance institutions (MFIs), which provide small loans to poor people with no access to traditional banking services, has come under scrutiny after a spate of suicides in the Indian province of Andhra Pradesh was linked...

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