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Unique facility, or recipe for trouble? by Jean Drèze

It is quite likely that a few weeks from now someone will be knocking at your doors and asking for your fingerprints. If you agree, your fingerprints will enter a national database, along with personal characteristics (age, sex, occupation, and so on) that have already been collected from you, unless you were missed in the “Census household listing” earlier this year. The purpose of this exercise is to build the National...

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Black swan in micro-finance by Ajit Ranade

The SKS IPO and the Andhra Pradesh ordinance have suddenly changed everything. Will it be the death knell or will it usher in a reformed and healthy industry? There are three basic facts about micro-finance in India. First, most of what is described as micro-finance industry is actually micro-loans. There is hardly any provision of micro-savings, micro-investments, micro-insurance or micro-pensions. This is mostly because of regulatory reasons, i.e. accepting money...

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Labour laws hurting employment growth need to be revisited:PM

Acknowledging that some labour laws have not yielded the desired results, Prime Minister Manmohan Singh today said there is a need to revisit some of them which have hurt the growth of employment. "We have enacted several progressive labour laws since independence and some even before that. But it appears that not all these laws have had the intended good effects that we would like to see on the ground," he...

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Marginalized communities cry for dignity by Himanshi Dhawan

India may well be on its way to becoming a superpower, but for millions of marginalized communities — transgenders, female sex workers, men having sex with men (MSM), intravenous drug users (IDUs) — the struggle to live a life with dignity and respect continues. These communities face an uphill battle for a government recognised identity card cutting access to nearly all welfare schemes. Representatives from 20 NGOs and community based...

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Guests in the city by Sreelatha Menon

The city is teeming with guests. They are migrant workers from neighbouring states who are in the city for work, for better income, for better living conditions and for everything else that makes the city attractive. They are mostly employed in the unorganised sector, as vendors, contract workers at construction sites, rickshaw-pullers or domestic workers. The city does not seem to care for them. They stumble around learning the ways of...

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