India's Public Distribution System (PDS) has been in a bad shape for decades, often thought to be beyond repair. Recent experience, however, suggests otherwise. Political will, increased transparency and community participation have led to an amazing revival of the PDS in Chhattisgarh though the state has only shown contempt for people's rights in other contexts… Somehow, the PDS became a political priority in Chhattisgarh and a decision was made to turn...

Despite its seminal success in beginning a process of addressing issues of poverty, starvation and empowering the poor, the MGNREGA needed a general election to breathe life into it. However, the disproportionate influence of the middle class on social sector policy has led to the same set of pre-election prejudices resurfacing. "What use is the MGNREGA to the economy at large?" asks the businessman, one eye fixed apprehensively on the share...

The microfinance bubble has burst. The AP government ordinance, the AP oppositionfs campaign asking borrowers not to repay and the sheer public hostility towards MFIs . all these have put the brakes on MFI activities for now. We need to rethink the role of MFIs in the rural economy . In order to do so, we must first grasp some of the myths on which the MFI sector has rested...

The term “bottom of the pyramid” (BOP), coined by the late C K Prahalad, became wildly attractive in the early noughties, in part because the concept, which suggests that it is possible and legit to make money from the poor, provided a leavening justification for the animal spirits of capitalism in poor countries like India and China with their growing list of Forbes billionaires. On the verge of the second decade...

The heat on telecom minister A Raja is rising, with the Comptroller and Auditor General holding him personally responsible for the sale of 2G spectrum at dirt cheap rates in 2008, resulting in a loss of up to Rs 1.70 lakh crore to the national exchequer. The damning indictment stacks the odds even higher against Raja, who is already under intense scrutiny by the telecom watchdog, civil society and the Supreme...