Italy, the United States, Greece, Belgium and the United Kingdom top a list of two dozen developed countries that let their most vulnerable children fall even further behind, with enormous consequences not only for the youngsters themselves but for the economy and society at large, according to a new United Nations report released today.“As debates rage on austerity measures and social spending cuts, the report focuses on the hundreds of...

West Bengal's farmers switched to new scientific material called 'Poly Mulching' (made out of plastic) to protect crops. The North Bengal region has got some highly fertile agricultural land. But weeds, lack of proper sunlight, heavy downpour, soil erosion, seed germination and cold weather conditions often result in harming the crops and ultimately curtailing agricultural production. However, to protect crops from such problems, farmers have now found a suitable way by using...

Leading micro-lender SKS Microfinance today hinted that it could move the courts if the recent Andhra Pradesh notification prohibiting collection of loan repayments on a weekly basis is not withdrawn.The notification stipulated that the periodicity of repayment by self-help group (SGH) members to MFIs should not be less than a month, even under existing loan agreements.However, microfinance institutions operating in the state have railed against the move."In the event the...

Can we afford to leave MG-NREGA alone? Why is the civil society crying foul? Are the rural activists demanding too much? Is the UPA-II trying to take back what UPA-I gave before the elections? Let us face it, the MG-NREGA is in a big crisis. NAC members like Aruna Roy and Jean Dreze have alleged (See links below) that the present remuneration of rural workers is declining by the day and it...

Sample some data on the microfinance performance in India: According to the data provided by www.mixmarket.org, microfinance in India reached close to 270 lakh active borrowers in 2009, with the average loan size close to Rs 8,000. This translates into total borrowing to over Rs 20,000 crore. Though this number seems large, it represents only 0.3% of our GDP. Thus, large swathes of poor, both in our villages and urban...