Recent events in south Asia have led to an unexpected reversal in the narrative of microfinance, long presented as a development success. Despite charges of poor treatment of clients, exaggeration of the impact on the poorest as well as the risks of credit bubbles, the sector can play a non-negligible role in reaching financial services to low-income households. In regulating the sector, there is need for caution in setting interest...

Imagine there was one changeable factor that affected virtually every measure of a country's health— including life expectancy, crime rates, addiction, obesity, infant mortality, stroke, academic achievement, happiness and even overall prosperity. Indeed, this factor actually exists. It's called economic inequality. A growing body of research suggests that such inequality — more so than income or absolute wealth alone — has a profound influence on a population's health, in every socioeconomic...

The roller-coaster ride of the government-civil society joint drafting committee on the Lokpal (ombudsman) Bill has ended in a draw, but left both sides badly injured. Whether the tie will be broken when they present their separate recommendations to a proposed all-party committee in July remains an open question. Yet, this is a good time to draw up a balance-sheet of the government's first-ever effort to take on board civil...

The denial of equality, dignity and autonomy to persons with disabilities lies at the core of disability rights. “Disability need not be an obstacle to success … It is my hope that … this century will mark a turning point for inclusion of people with disabilities in the lives of their societies.” — Professor Stephen Hawking, “Foreword,” World Report on Disability. The inauguration of the United Nations Convention on the Rights of...

The Hindu report creates a storm; Opposition wants Manmohan to deny the charge or quit Government survives “on the strength of a political sin” Yechury: gross moral de-generation and crass political opportunism Proceedings in both Houses of Parliament were marred on Thursday by repeated adjournments and uproar as a united Opposition demanded the resignation of Prime Minister Manmohan Singh following fresh disclosures alleging bribing of MPs during the July 2008 confidence vote, which...