Deadly Neglect

The deaths of three tribal girls following a snakebite at a residential school in Gadchiroli have cast a distinctly unfavourable light on the standards of care in Maharashtra’s tribal hostels. A total six girls were bitten while sleeping on the floor, raising questions about basic accommodation, preventive measures and the oversight of institutions entrusted with the care of some of Maharashtra’s most disadvantaged children. A properly maintained hostel and basic preventive measures can...

min read

The deaths of three tribal girls following a snakebite at a residential school in Gadchiroli have cast a distinctly unfavourable light on the standards of care in Maharashtra’s tribal hostels. A total six girls were bitten while sleeping on the floor, raising questions about basic accommodation, preventive measures and the oversight of institutions entrusted with the care of some of Maharashtra’s most disadvantaged children. A properly maintained hostel and basic preventive measures can certainly reduce the likelihood that a snakebite becomes a mass casualty event. Residential schools for tribal children exist precisely because many of their students come from remote and disadvantaged communities. The state assumes responsibility for their education, accommodation, food and safety. The inevitable official response of a detailed inquiry into the tragedy is hardly reassuring. The district administration has said it will establish whether adequate protective measures were in place and whether the school management complied with safety rules. The Maharashtra administration has conducted enough inquiries till now to know that the discovery of a lapse is not the same thing as fixing the system that produced it. The questions are elementary. Were sufficient beds available? If not, why not? Was the hostel building properly sealed? Were doors, windows and drains inspected? Was pest and snake control undertaken? Were mosquito nets and other basic protective equipment provided? Was there adequate lighting and night supervision? How frequently had the hostel been inspected? And were funds allocated for these facilities actually spent on them? The last question deserves particular attention. Tribal residential schools have for years been vulnerable to the familiar maladies of public administration, most notably gross corruption. Inadequate oversight, poor maintenance, opaque procurement and the fact that money and food intended for children disappears somewhere between the budget and the beneficiary has become all too common. More crucially, Gadchiroli is not politically ownerless. Chief Minister Devendra Fadnavis is its guardian minister, making the quality of governance in the district an especially important test of the state government’s claims about tribal development. The answer cannot be another round of condolences followed by an inquiry whose findings gather dust. The government should use this tragedy to conduct a comprehensive and independent safety audit of every tribal residential hostel in Gadchiroli, with the findings and corrective measures made public. Beds, sanitation, building maintenance, pest control, emergency medical arrangements and night-time supervision should be treated as measurable standards, not discretionary amenities. Three girls have died in the most appalling manner. The least the state can do is ensure that their deaths expose a failure that is then corrected, rather than an outrage that is briefly mourned and administratively forgotten.

Why Women Are Better Investors Than Men

Kaustubh Kale
Mar 9, 2025
2 min read

Updated: Mar 10, 2025

As the world celebrated International Women's Day, discussions centered around women's achievements in various fields—business, leadership, science, and beyond. But one area where women consistently outperform men, yet receive little recognition, is investing.

Despite money management often being seen as a male-dominated field, women have quietly and consistently proven to be better investors than men. With patience, discipline, and a long-term mindset, women naturally possess qualities that make them superior money managers.

A Perfect Blend of Knowledge and Wealth

In Hindu mythology, Goddess Saraswati symbolizes knowledge, while Goddess Lakshmi represents wealth—two essential pillars of investing. The ability to manage wealth wisely stems from a deep understanding of financial principles, and this is where women excel. They take the time to learn, analyze, and make informed investment decisions rather than rushing into trends or speculation.

Why Women Make Better Investors

Several traits make women stand out as investors:

Patience and Long-Term Vision: Unlike men, who may be more prone to impulsive trading and get-rich-quick schemes, women tend to have a longer term mindset. Their ability to stay calm, especially during market fluctuations, leads to better returns over time.

Disciplined and Goal-Based: Women prioritize consistent savings and goal-based investing. This disciplined approach helps them build wealth steadily. Women naturally excel at budgeting, planning, and structuring investments to align with future goals, whether it’s children’s education, home buying, or retirement security. Their emotional connection with goals is what makes them stick to discipline.

Risk-Aware, Not Risk-Averse: Contrary to the stereotype, women are not afraid of risks—they are just more calculated about them, through appropriate asset allocation. Eventually, this approach ensures maximum returns with minimal risks.

Trust and Willingness to Learn: Women value education and expertise, making them more likely to seek guidance from a well-qualified financial advisor. Unlike men, who often overestimate their investing abilities, women approach financial decisions with a willingness to learn. Once they find a trusted expert, they follow sound advice instead of making emotional, short-term moves.

Women Leading the Financial World

These qualities are why many of the world’s leading financial institutions are now led by women. In India and abroad, we see prominent banks, asset management companies, and investment firms thriving under female leadership. Their ability to combine strategic thinking with emotional intelligence makes them exceptional at managing money—both at a personal and professional level.

Final Thoughts

With their trust in expert advice and a strong focus on financial education, more women should embrace their strengths and take control of their financial futures!