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Why microfinance is fading out -M Sureshbabu and Arun Kumar Gopalaswamy

-The Hindu Business Line MFIs are unable to address the needs of self-help groups. They have been hit by the falling growth of SHGs There has been a long-standing debate on the ability and effectiveness of the formal banking system as a vehicle for financial inclusion. The thrust has been to increase the number of small banks, as they play a very important role in the supply of credit to small business...

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Aadhaar bill: With no respect for the law -Usha Ramanathan

-The Indian Express There is reason to wonder if this law is intended to be taken seriously, except in getting everyone on the data base, making it a scheme to number the population, and giving extraordinary powers to the UIDAI. The disrespect for the law has been an abiding aspect of the UID project, never mind the government (facts have mattered as little, but that is for another time). In the beginning...

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Rains, hailstorms unlikely to have major impact on rabi crops: Agriculture Ministry -Sandip Das

-The Financial Express Unseasonal rains and hailstorms in some places over northern states of Punjab, Haryana and western Uttar Pradesh during the last two days is unlikely have any major impact on output of rabi crops such as wheat and mustard, a senior official with the agriculture ministry said on Sunday. “The impact of rains in the last two days on the standing rabi crops is limited and localised,” Trilochan Mohapatra, Director...

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Rain flattens crops in north India

-Business Standard Bright sunshine, however, offsets damage Rains and thunderstorms accompanied by hailstorm in some places have flattened standing wheat, mustard and coriander crop in some parts of Punjab, Haryana, western Uttar Pradesh and Madhya Pradesh. However, the situation is not as grim as last year because the showers have been followed by bright sunshine. Agriculture scientists say the weather over the next few days will hold the key and if the hailstorm...

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The return of paternalism -Neera Chandhoke

-The Hindu The steps taken towards social democracy are being reversed. What we have now are social insurance policies from above. This subverts the entire project of giving voice to the voiceless. India has paid a heavy price for failing to institutionalise social democracy It is generally agreed that theories of social democracy, in comparison to theories of formal political democracy, take cognisance of background inequalities that hamper the realisation of basic...

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