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...
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Unjustified Aggressiveness! by D Bandyopadhyay
My attention was drawn to “An Open Letter to the Chief Minister of West Bengal” which was signed by thirty members of the civil society of Kolkata and Delhi. What disturbed me was the tone and tenor of the language used in the letter in denouncing Ms Mamata Banerjee’s bold initiative in inviting the Maoists of Junglemahal for a dialogue after “ceasefire”. May I ask with all humility who among the...
More »It’s official: Assam tea is state drink
-The Telegraph Assam tea is now officially the state drink. Announcing this, chief minister Tarun Gogoi today said his government was also making a strong case with the Centre to declare tea as the national drink. Speaking at the inaugural function of the World Tea Science Congress at Tocklai Experimental Station (under Tea Research Association) here today, Gogoi said, “I, as the chief minister, am competent enough to announce tea as the...
More »Cleansing the State by Krishna Kumar
The anti-corruption movement has enabled the Indian middle class to feel smug about itself. Its members have gone through a vast range of emotions during the last two decades, from self-hatred to self-righteousness. Liberalisation of the economy has created for this class an excitement of many kinds. It has meant the freedom to pursue the quest for wealth without guilt and, at the same time, it has meant feeling set...
More »Dr Edgar Whitley, research coordinator of the LSE Identity Project interviewed by R Ramakumar
DR EDGAR WHITLEY is Reader in Information Systems at the Information Systems and Innovation Group in the London School of Economics and Political Science. He has a PhD in Information Systems from the LSE. His research and practical interests include global outsourcing, social aspects of IT-based change, collaborative innovation in an outsourcing context, and the business implications of cloud computing. He is also an expert in identity, privacy and security...
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