Slogans of the “Second Freedom Struggle”, references to the political class as “kale angrez”, Anna Hazare as Gandhian and even Gandhi, the wearing of the Gandhi topi, the projection of the fast-unto-death as a Gandhian method, have all evoked linkages with the struggle for Indian Independence. Many enthusiastic TV reporters, swayed by the sight of swelling crowds, added their bit by calling it the biggest movement since Independence. Was this...

South Asia continues to have the largest concentrations of poor rural populations despite the fact that the wider Asia-Pacific region has made major strides in combating poverty, a United Nations agency said today, stressing that agriculture is key to poverty alleviation. The study by the UN International Fund for Agricultural Development (IFAD), entitled Agriculture – Pathways to Prosperity in Asia and the Pacific, shows that rural poverty rates have dropped only...

All real estate transactions will have to be reported to the country's anti- moneylaundering agency once the government amends a key law that seeks to curb black-money transactions. The government plans to amend the Prevention of Money Laundering Act , which will require property registrars to file data of transactions recorded by them with the Financial Intelligence Unit, or FIU, a finance ministry official said. "The scope of the (Prevention...

This is India’s Tahrir square, read one of the tweets soon after the campaign against corruption succeeded last week and forced the government to accept the demands of social activist Anna Hazare to announce a committee for considering a new Lokpal Bill against corruption. After watching widespread public demonstrations in Tunisia, Egypt and other Middle-East countries to rid their countries of dictators, there was a frisson of excitement among our socially...

It is difficult to predict what denouement the spat between the Sheikh Hasina-led Bangladesh Government and Mohammed Yunus, the Noble Laureate, would ultimately reach but it has undoubtedly brought to the fore many pitfalls of the micro-credit system which has so far been hailed as a panacea for poverty alleviation not just in the Third World countries but in many developed nations too. It may be a bit unfair to...