Don’t Outsource Development: The Perils of International NGOs (INGOs) Interventions

Agenda-Driven INGOs:

  • INGOs have pushed donor-driven agendas that harmed local communities.
  • Examples: Tanzania, Kenya, Bolivia, India.
  • INGOs in India promoted projects that ignored local realities.

INGOs and Female Foeticide:

  • INGO interventions increased female foeticide in India.
  • Western narrative ignores historical role of British colonial policies and Western NGOs.
  • British land reforms and narratives perpetuated gender imbalance.
  • INGOs promoted sex determination technologies.

INGOs’ Push for Population Control:

  • India’s population was seen as a global concern.
  • INGOs influenced India’s family planning policies.
  • Economic leverage cemented INGOs’ control.

INGOs Invading Intellectual Space:

  • INGOs established strongholds in prestigious institutions.
  • Population Council and Rockefeller Foundation’s influence on AIIMS.
  • INGOs promoted sex determination technology.

Decline in Child Sex Ratio:

  • Significant decline in child sex ratio after the introduction of sex-determination technologies.
  • States with easier access to tests saw sharper declines.

Conclusion:

  • Gender imbalance in India is an example of harm caused by external agencies.
  • Local policymakers must exercise caution and skepticism when considering advice from INGOs and consultancies.

 

 

 

 

A Change in Stance: RBI Hints at Rate Cut

Monetary Policy Committee (MPC) Decision:

  • MPC maintained status quo on interest rates in its first meeting.
  • Decision aligns with the last committee meeting.
  • Stance changed from withdrawal of accommodation to neutral.
  • Opens up space for easing policy rates in subsequent meetings.

Why the Change in Stance?

  • Greater confidence in navigating disinflation.
  • Expectations of easing food prices due to good monsoon and agricultural production.
  • Sizable buffer stocks of foodgrain.
  • Inflation forecast retained at 4.5%, projected to trend lower to 4.3%.

Growth Outlook:

  • RBI projected economic growth at 7.2% this year.
  • Drivers of growth, consumption, and investment gaining momentum.
  • Rural demand trending upwards, urban demand holding steady.
  • Government capital spending rebounding, private investment gaining steam.

Conclusion:

  • RBI’s change in policy stance hints at a rate cut in December.
  • Unexpected weather events or worsening geopolitical conflicts could lead to higher inflation and a rethink of policy.

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