-The Economic Times It was just a ride in a cycle rickshaw that moved an Assam based veterinary surgeon, Dr Pradip Kumar Sarmah and got him thinking into setting up the concept of 'Rickshaw Bank'. The concept today has changed the lives of more than 10000 rickshaw pullers in six states in India. Dr Pradip Kumar Sarmah (47), the innovator of this concept, explained that majority of the rickshaw pullers drive rented...
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How barefoot lawyers bring food security to India's tribals & landless families
-Reuters KHAMMAM (India): It was a deal struck almost 40 years ago by a poor, illiterate Indian farmer, driven by desperation after a drought wiped out his crops and left his family close to starvation. The agreement: 10 acres of land, the size of four soccer pitches, for a mere 10 kg (22 lbs) of sorghum grains. "My father-in-law pawned the land for food," said Kowasalya Thati, lifting the hem of...
More »A standard & poor way of remote control-Sunanda Sen
Remote controls are identified as technical devices which are used for various purposes ranging from the launching of space-ships to the monitoring of toy cars. But of late, these devices are being used to direct policies for nation states which are formally sovereign. We speak here of the powerful lobby of international credit rating agencies like Standard and Poor's (S&P), which has just delivered its sermon that India is no longer...
More »Ask in haste, repent in leisure-Devadeep Purohit and Meghdeep Bhattacharyya
A moratorium is not the magic bullet that can slay Bengal’s fiscal demons, several economists have said, pointing out that postponing the inevitable will be of little use unless backed up by a revenue mobilisation road map. Chief minister Mamata Banerjee had yesterday set a 15-day deadline for the Centre to announce a three-year moratorium on the payment of interest on the loans Bengal had taken. “A moratorium on repayment obligations can...
More »Starving in India: A Fight for Life in Bihar-Ashwin Parulkar
BANWARA, India – In the fall of 2006, Gita Devi was pregnant with her sixth child when her family fell on hard times. A severe drought made it more difficult than ever to find farm work here in India’s northeastern plains. The family couldn’t afford food. It was unable to get a government ration card to buy grains and rice at steep discounts, even though it clearly was poor enough to...
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