One of the key factors to inclusive growth is financial inclusion for all. Financial inclusion refers to universal access to a wide range of banking solutions and financial services in a fair, predictable and transparent manner at affordable costs. The poor tend to be ignored because the transaction costs in serving them are high. Initiatives that reduce these costs will allow service providers to begin thinking of financial services for...

After Haryana ban, illegal mining shifts to Sikar’s hills Who’s The Quarry? More than 400 active leases in the Sikar belt 1,200 trucks move out of Rajasthan Aravallis daily In Dabla alone, 50 ha of land mined Area has five small rivers, three clogged with sludge. *** The ceiling of her house has some long cracks, the roof has become unstable, the floor in some parts has caved in. When Reshmi built her house in the Dabla...

Water is the most critical of all natural resources on which modern economies depend. Water scarcity and rapid economic advance cannot go hand-in-hand. Yet, with its per-capita water availability falling to 1,582 cu m per year, India has become water-stressed.  In 1960, India signed a treaty indefinitely setting aside 80% of the Indus-system waters for downstream Pakistan - the most generous water-sharing pact thus far in modern world history. Its 1996...

-The United Nations   Hundreds of millions of children in cities across the world are growing up in poverty and enduring deprivation, according to a report unveiled today by the United Nations, spotlighting social exclusion and calling for measures to give the youngsters access to basic services and opportunities for a better future. ‘The State of the World’s Children 2012’ report released by the UN Children’s Fund (UNICEF), highlights the hardship that many...

Professor Arjun Appadurai is a Mumbaikar at heart; coming to the city is an annual pilgrimage for this internationa­lly renowned cultural theorist and anthropologist. Appadurai, 62, who studied in Mumbai’s Elphinstone College, is currently Goddard Professor of Media, Culture and Communication at New York University. He has been consultant and advisor to a wide range of public and private foundations such as The Smithsonian. In his seminal work Disjuncture and...