The approach paper for the 12th Five-Year Plan with focus on faster, sustained and inclusive growth is candid and forward-looking. On poverty reduction, the document notes, without comment, the annual trend decline of 0.8% accelerating to 1% during 2004-05 to 2009-10, against a promised target of 2% in the 11th Plan. It emphasises that India will easily meet the Millennium Development Goals (MDGs) of halving poverty by 2015, over 25...
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Bootleg liquor kills 143 people in West Bengal
-Associated Press Bootleg liquor containing toxic methanol killed 143 people and sickened dozens more who drank the cheap, illicit brew bought at small shops in West Bengal, officials said Thursday. Police arrested 10 suspected bootleggers. Emergency medical teams rushed to the village outside Kolkata, and thousands of relatives, many of them wailing in grief, gathered outside the packed hospital. Inside, dead bodies lay on the floor covered in quilts, while the ill...
More »Death as a way out by Jayati Ghosh
It is clearly the absence of political will rather than a paucity of ideas that is responsible for the country's agrarian crisis. EXACTLY seven years ago this month, the Commission on Farmers' Welfare, appointed by the government of Andhra Pradesh, submitted its report to the then Chief Minister, Y.S. Rajasekhara Reddy. His Congress government assumed office earlier that year replacing the Telegu Desam Party regime led by N. Chandrababu Naidu, which...
More »What’s Wrong and Right with Microfinance by David Hulme and Thankom Arun
Recent events in south Asia have led to an unexpected reversal in the narrative of microfinance, long presented as a development success. Despite charges of poor treatment of clients, exaggeration of the impact on the poorest as well as the risks of credit bubbles, the sector can play a non-negligible role in reaching financial services to low-income households. In regulating the sector, there is need for caution in setting interest...
More »AP Impact: Right-to-know laws often ignored by Martha Mendoza
CHANDRAWAL, India—Satbir Sharma's wife is dead. His family lives in fear. His father's left leg is shattered, leaving him on crutches for life. Sharma's only hope lies in a new law that gives him the right to know what is happening in the investigation of his wife's death. Most of all, he wants to know what will happen to the village mayor, now in jail on murder charges. He talks quietly, under...
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