The forthcoming India visit of the US President, Mr Barack Obama, accompanied by Mr Thomas J. Vilsack, secretary of agriculture, and Dr Rajiv Raj Shah, administrator, United States Agency for International Development (USAID), is significant in the context of strengthening the Indo-US partnership in the field of agriculture production and sustainable food security. Several related issues will be discussed in Mumbai on November 6 and November 7 where an agriculture...

The accusation of ‘coercive' practices to recover the loans has been laid at the doors of some leading players Micro Finance institutions (MFIs) that are for profits are in the news for the wrong reasons. The ‘for profit' MFIs have grown spectacularly in recent times. But along with the large profits have come allegations of sharp practices. In Andhra Pradesh, where such MFIs have a sizable presence, the climate has now drastically...

India has slipped 10 places to the 88th spot, way below neighbouring China, in the World Prosperity Index due to poor healthcare and education systems coupled with weak entrepreneurial infrastructure. While last year, India stood at 78th position, according to London-based Legatum Institute that compiled the index. China is ranked 58th in the list of 110 countries, which is topped by Norway. Other countries in the top five are Denmark (2), Finland...

A worried government has put on fast track the proposed bill to regulate micro-lenders, as it seeks to ensure that over-regulation by states does not kill the sector that is envisaged to play a big role in furthering financial inclusion. The finance ministry could move a bill in the winter session of Parliament that will make Nabard responsible for regulation of all non-profit microfinance institutions structured as trusts, cooperatives, or mutual...

Comprehensive review of resettlement sites vital: Medha Patkar Calling for a review of resettlement sites for the people affected by the Sardar Sarovar dam and of the irrigation project itself, Medha Patkar, leader of the Narmada Bachao Andolan (NBA) said, there were as many as 40,000 families still in the submergence area, waiting to be resettled. “Initially, the [Narmada Water Disputes] Tribunal, which gave the award, estimated the number of families affected...