-The Business Standard Chhattisgarh Government defines Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) and will provide 50 days additional employment to the beneficiaries in the state. The 100-day ceiling of guaranteed employment for the rural people would not be a bar in Chhattisgarh from now. The state government would provide job for additional 50 days---ensuring that the card holder of MGNREGA would get 150 days secured employment. "The proposal to increase MGNREGA...
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Andhra Pradesh to challenge SC interim order on SKS-Dinesh Unnikrishnan
-Live Mint State govt says did not receive notice from SC before order was issued; SKS shares fall 19.63% in intra-day trade Mumbai: Andhra Pradesh, once the largest market for microlenders and home to India's lone listed such institution SKS Microfinance Ltd, said on Thursday it would challenge the Supreme Court's recent interim order allowing the company to resume operations in the southern state, driving the stock down by almost 20%...
More »Banking on hope -Sagnik Dutta
-Frontline How far will the proposed women's bank help marginalised sections when women's SHGs get little support and find it hard even to open accounts in public sector banks? WHILE the recent announcement of a women's bank in the Union Budget has been touted as a progressive measure for the financial inclusion of women, no concrete measures have been forthcoming to make all existing public sector banks sensitive to the needs...
More »Government plans to liberalise FDI norms for single-brand retail to attract big bucks -Deepshikha Sikarwar
-The Economic Times The government plans to significantly liberalise foreign direct investment (FDI) norms for single-brand retail to attract big bucks into the sector. The finance ministry has asked the Department of Industrial Policy and Promotion (DIPP) to amend the policy to allow single-brand retailers to bring different brands belonging to the same product line under one company. It has also asked DIPP - the government department that frames foreign investment rules...
More »No country for newborn children -Aarti Dhar
-The Hindu India accounts for the largest number of deaths of infants primarily because it has failed to provide them and their mothers access to critical health care India loses 4,200 children under the age of five every day. This figure is certainly unacceptable for any emerging country. The collective ache of losing so many newborns is worsened by the realisation that many of these deaths are preventable. The country accounts for nearly...
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