The sights are set on smaller, though just as important, issues With the first commitment to emission reductions under the Kyoto Protocol expiring in December 2012, the world is looking to a new regime of cuts, which is unlikely to be successfully negotiated here. In 2009, the U.N. Climate Change Conference in Copenhagen set a target of achieving a binding treaty and it did not happen. Now the sights are set on...
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New loan sharks by S Nagesh Kumar
The rural poor in Andhra Pradesh, a State showcased as a model for SHG-bank linkage, are caught in the vortex of microfinance. WITHIN a decade of their coming into operation, microfinance institutions (MFIs) have dealt a serious blow to the economy and the well-being of thousands of families in rural Andhra Pradesh. Harassment by their collection agents has allegedly driven at least 60 borrowers to death, and the number is...
More »Whither Copenhagen promise of funding developing countries? by R Ramachandran
Developed countries at the 15th Conference had committed themselves to providing around $30 billion for 2010-12 The fund is for supporting developing countries' climate efforts No clarity on how donors will channel the fast-start funds Developed countries are failing to meet the funding pledges that they made at the Climate Summit in Copenhagen last December to support developing countries' climate efforts. At the 15th Conference of the Parties (COP-15) in Copenhagen, developed countries...
More »The Ground Beneath Our Feet by Tripti Lahiri
CITIES MAKE one simple promise to newcomers: Sacrifice yourself to me and your children shall prosper. This promise drew Ahmed Raza, a small-time wrestler from an Uttar Pradesh village and millions like him to the capital of newly-independent India. Raza kept his part of the bargain, yet half a century later, his daughter was pushed out of the city her father helped build, the only home she has known. “I...
More »Of hunger and its eradication by Sadanand Menon
More Indians go to bed hungry today than they did on the eve of Independence 62 years ago So, more Indians go to bed hungry today than they did on the eve of Independence sixty two years ago. The per capita calorie intake, experts say, has dropped to what it was at the end of World War II. On top of it now, over 25 per cent of the country...
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