A study of the socio-economic situations of three villages in north-eastern Andhra Pradesh shows that while times and values have vastly changed, not much has been transformed in terms of privileges and opportunities. Those belonging to landowning families have managed to get a good education and secure good jobs or set up businesses. But those from the landless or marginal landowning families and communities have been left far behind. The government’s schemes and promises have more often than not yielded very little.

Costly corporate seeds are not only jacking up our food bill but also affecting community sharing.

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 rate ceilings on micro-loans and for greater openness to micro-savings products.