ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Devika MahadevanSubscribe to Devika Mahadevan

Banking for the Poor

Bandhan: The Making of a Bank by Tamal Bandyopadhyay, Gurgaon: Penguin Books India, 2016; pp 304, ₹ 414.

Three Agents of Change

Against the Odds: Politicians, Institutions and the Struggle Against Poverty by Marcus Andre Melo, Njuguna Ng'ethe and James Manor (London: C Hurst & Company), 2012; pp 288, £ 22.

Making Markets Work for the Poor

A small investors' fund, which offered an opportunity for many poor slum- and pavement-dwellers in Mumbai to invest money, was an outcome of tremendous effort put in by an alliance of social organisations. But, unfortunately, after successful growth over five years, the scheme, run in collaboration with the UTI, was forced to close because of various reasons. Such schemes, with suitable modifications, need to be revived as they meet the needs of the poor.
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