Indigenous people are entitled to their own institutions and self-governing structures to enable them to manage their own affairs and ensure that the development process is aligned with their own cultural patterns, values and customs, a United Nations independent expert says in a report. “In the light of the extreme disadvantages that indigenous peoples have typically faced across a range of social and economic indicators, there are particular concerns… that must...

Public uproar over 20 suicides in two months has forced the Andhra Pradesh government to act to regulate micro-finance institutions. On October 14, the state government brought an ordinance making it compulsory for MFIs to register themselves, declare the effective rate of interest they charge, ensure that no security is sought for loans and no coercion is used for recovery. Non-compliance will be punished with a three-year prison term and a...

SKS Microfinance, India's largest microfinance player, arrived with a bang with its hugely successful IPO in August. However, the recent sacking of its MD and CEO Suresh Gurumani  has opened up a pandora's box that is now threatening to expose the ugly underbelly of the sector which, many allege, is teeming with players who are no better than moneylenders but have so far been able to operate under the pious...

Panchayat elections in Uttar Pradesh have thrown up many curious phenomena. Everyone involved with the panchayat elections in Uttar Pradesh seems to love it. Sons, brothers, sons-in-law of MLAs contesting for seats at the village, tehsil or district levels in vast numbers are happy because the vidhayak mahoday is campaigning on their behalf, making full use of the party machinery. Wives and daughters-in-law from ‘influential families' are delighted because their family's...

A timely reality check on public policies in the developing world, the Global Hunger Index 2010, (GHI) released by the International Food Policy Research Institute, reveals the disturbing fact that the number of hungry people in the world hovers around the one-billion mark. Although this year's estimates by the Food and Agriculture Organisation place the figure at 925 million, barely a year ago, at the height of the recession, “the...