The Andhra Pradesh Microfinance Institutions (Regulation of Money Lending) Ordinance, 2010, suggests there’s more politics than understanding of economics that went into it. The setting up of district registering authority under the ordinance, with elaborate powers to even cancel licences, will increase risks of operations posing serious hazard to business plans and will jeopardise the whole MFI network. Especially stifling is the requirement that MFIs have to submit a monthly...

To avoid graft in the implementation of the Nat-ional Rural Employment Guarantee Scheme (NREGS), e-muster olls will be launched for job seekers in the state from November 1. The implementation of NREGS has been facing a lot of criticism of graft ever since it was introduced a few years ago. In order to arrest such graft, the NREGS implementing agency, the district water management agency, is creating a database of...

Delhi is an anxious city this monsoon season, struggling to meet an onerous deadline. Preparations continue at a feverish pace for the 19th Commonwealth Games (CWG), which will bear down on the Indian metropolis October 3-14, along with some 8,500 athletes from the 71 states and territories that were once part of the British Empire. Around-the-clock construction and spells of heavy monsoon rain have turned Delhi into a swirl of mud...

The Mahatma Gandhi National Rural Employment Guarantee Act, which has revitalised the rural landscape across the country, stands diminished in the land of its birth, Rajasthan, hijacked and held to ransom by vested interests and stripped of its backbone of an open social audit. As the Andhra experience has shown, there is one ingredient that can bring back its vitality: institutionalising citizen audits. But, is the Rajasthan government up to...

MONA SANGWAN, a teacher at a private school in Delhi, who earns just Rs. 4,000 a month and is her family’s sole earning member, had nearly begun to despair. How on earth was she going to raise Rs. 7,000 every month to buy the medicines her brother Ashwini, a kidney transplant patient, needed? Mona would have continued to despair had not the NGO Sarvohit Social Welfare Society stepped in. And to...