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...

Nearly one-third of the 597 districts received deficient rains this monsoon season, which otherwise saw excess to normal falls across the country after a drought year. Out of 597 meteorological districts for which data are available, 173 districts (29 per cent) received deficient rains, while 11 got scanty falls this season, said the End of Monsoon Season report of the weather office. On the brighter side, 240 districts (40 per cent) received...

Last month, leaders from 185 countries met in New York to take stock of progress in achieving the Millennium Development Goals (MDGs) — which include, among other things, eradicating poverty and hunger, reducing child mortality, improving maternal health — that were set in 2000 by the United Nations. The aim was to achieve these goals by 2015. But 10 years down the line, the world is way behind targets in achieving...

If Haryana were a country, it would be fifth on the gold medal winners’ list at Delhi 2010 — after Australia, England, Canada and India-minus-Haryana. Fifteen of India’s 38 gold at the Commonwealth Games — nearly 40 per cent of the country’s best-ever haul — have been won by athletes from Haryana. For perspective, Haryana has 2 per cent of the country’s population and occupies 1.37 per cent of its land...

India’s performance at the Commonwealth Games in 2010 has been its best so far – second on the medals list.However, another kind of ‘competition’ ranked 84 countries in accordance with achievements in a different field this week. India was a lowly 67th. The field was hunger, measured by combining the proportion of people undernourished, the proportion of underweight children and the child mortality rate. The Global Hunger Index (GHI) 2010 –...