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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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Job scheme in decline -Ajoy Ashirwad Mahaprashasta

-Frontline.in The increase in the budgetary allocation for the MGNREGA is only marginal. The scheme helped lower the poverty level by 32 per cent between 2004-05 and 2011-12, but government support for it has been declining steadily. In the beginning, economists belonging to the Right and the Left were of the view that the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) was merely a populist measure. While the former believed...

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Why marital rape must be a crime

-The Hindu The question whether marital rape should be treated as a criminal offence has once again arisen after Union Minister for Women and Child Development Maneka Gandhi repeated the government’s stand in a written reply in Parliament. She said, “The concept of marital rape as understood internationally cannot be suitably applied in the Indian context due to various factors like level of education/illiteracy, poverty, myriad social customs and values, religious...

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Criminalise marital rape: UNDP chief -Suhasini Haidar

-The Hindu Clark made a significant pitch for all countries that had not made domestic abuse and marital rape criminal offences to do so at the earliest. Just days after Minister of Women and Child welfare Maneka Gandhi submitted in parliament that the government wouldn’t criminalise “marital rape”, a top UN official said that the issue is one of consent, not culture, suggesting that India would be in contravention of the Sustainable...

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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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