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Crisis of Accountability for Microfinance in India

New Orleans

Vikram Akula of SKS Microfinance

Microfinance has many positives, but should never be confused or misnamed as a “poverty reduction” strategy.   There is simply no way to reduce poverty through debt.  Microfinance or microcredit or micro-lending or whatever the name has a value for the poor as a way to access minimal credit [...]

Obama and India FDI

Indian Protesters burning FDI poster at demonstration

New Orleans President Obama continues to sightsee and glad hand his way across India on his sales trip for US business interests, soft shoeing around the issue of jobs being outsourced to India, even as he argues to the US press that by meeting his sales quota [...]

Gandhi and King are Cool and Other Reports

New Orleans President Obama has now billed his visit to India and points Asian as a “trade mission,” something usually done by governors, so it’s a head scratcher here and there. He visited Gandhi’s house in Mumbai, which is a nice thing to do, and probably a quiet place for a salesman and his [...]

Prince Charles, Dharavi, and Livelihoods

New Orleans Recently in the wake of his impending new book, Prince Charles of England made headlines throughout the UK and India, by holding up the Dharavi mega-slum in Mumbai as a “model” for sustainable development.  An interesting observation.

Vinod Shetty, director of the ACORN Foundation (India) in Mumbai and ACORN’s Dharavi Project and I wrote [...]

Rave Reviews for ACORN International in Dharavi

From the National Geographic article featuring ACORN International ragpickers.

From National Geographic Article

Mumbai      Vinod Shetty, ACORN India’s Director, and I had been meeting for hours along Juhu Road at the Sip ‘N Munch going through our work list of what needed to be done on campaigns around remittances, the Commonwealth [...]

Commonwealth Games Mess and Mayhem

Delhi        Arriving in Delhi everyone from cabdrivers to front page headlines in the Times of India and every other paper led with the medal surge for India in shooting and wrestling which propelled the country to second place in early standings.  They could take a small amount of pride since every other story emerging [...]

Commonwealth Games – Sheets & Toilets

New Orleans In Delhi 250,000 of our slum dwellers have been displaced in order to allow the Delhi Municipal Corporation and India to preen before the dozens of countries coming to the Commonwealth Games being hosted in the country for the first time.  Tens of thousands of our bicycle rickshaw pullers and other informal workers [...]

Justice 1st in Delhi, Games 2nd

Houston Watching the World Cup in South Africa, reading the stories in the Times from slums outside of Johannesburg, makes me look at the calendar for the countdown to the next huge international sports event:  The Commonwealth Games!  In October teams from all over the former colonies of the British Empire will be parachuting [...]

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