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...

Health is a state of mental, social and physical well-being and not merely an absence of disease or infirmity. To achieve this noble objective, India requires health care professionals who are trained in institutions with standardised infrastructure, and the availability of accessible and equitable health care for both the rural and urban populace. Recently, the health sector has been in the news — from the creation of a rural based...

Wajahat Habibullah, chairperson, National Commission for Minorities, speaks to Kavita Chowdhury on reservation for Muslims, the RTI Act and the controversy over withdrawal of AFSPA in Kashmir. You had recently visited Rajasthan. In Bharatpur district’s Gopalgarh village, some members of the minority community, Mev Muslims, were killed and the state administration was accused of mishandling the matter. What is your view? A communal riot is an unpardonable crime. The state government has taken...

It has to be but a means to development, not an end in itself Is India doing marvellously well, or is it failing terribly? Depending on whom you speak to, you could pick up either of those answers with some frequency. One story, very popular among a minority but a large enough group—of Indians who are doing very well (and among the media that cater largely to them)—runs something like...

While gender equality ratios have improved in 85 percent of countries over the past six years, economic participation and political empowerment for women has failed to match the steady progress of health and education, says a new report by the World Economic Forum. The report, "Global Gender Gap", compiled by Ricardo Hausmann from Harvard University, Laura Tyson from University of California, Berkeley and Saadia Zahidi from the World Economic Forum, illustrates...