Physics of Poverty, a weekly column by Dr. Tara Thiagarajan, to be published on YourStory from today

Microfinance is an instrument of social change. Its premise of financial inclusion is flawed, argues Dr. Tara Thiagarajan, chairperson of Madura Microfinance Limited. Merely lending money to village folk does not actually solve their problem. In this enlightening column, to be published on YourStory every week as part of Physics of Poverty series, Dr. Tara’s position that microfinance institutions have done little to alleviate poverty and Madura Microfinance’s experiments in alleviating poverty along with her perspectives and neurosciences research will feed your grey areas in the brain. Dr. Tara envisions a unique “bridge” that connects the science of brain with the science of poverty. Only she knows both sides better. Stay connected to “Physics of Poverty” by Dr. Tara Thiagarajan every week.

Dr. Tara’s interview was published recently on YourStory. Read here.

As you are aware, Madura Microfinance sponsored our first ever social entrepreneurship event Sociopreneurship India 2010, which we hosted in partnership with CNBC-TV18 Young Turks.

The significance of Dr. Tara’s research in connecting rural masses to markets outside their “sustenance” paradigm has enormous potential to change the landscape of microfinance in India. Shakti Pirakkudhu, a feature film produced by Madura Microfinance, was conceived to educate rural women on market opportunities outside their village. The film is to be premiered in Delhi on October 16. Read details here.

We encourage you to get hooked on to this column every week so that you get to know an entirely new, fresh perspective on microfinance and its larger, relevant goal of alleviating poverty using cutting edge research in neurosciences by none other than an accomplished neuroscience researcher and accidental microfinance entrepreneur, Dr. Tara Thiagarajan.