-PTI NEW DELHI: Only 48 per cent of Indian adults have bank accounts and nearly half of them lie dormant, says a report. According to a nation-wide survey on financial behaviour, India has the highest account dormancy rate even more than countries like Kenya, Tanzania, Uganda, Nigeria, Pakistan and Bangladesh. The survey compiled by the Financial Inclusion Insights programme, operated by global strategic research consultancy InterMedia and supported by the Bill & Melinda...
More »SEARCH RESULT
Total Matching Records found : 164
Assam NGO gets UN award -Roopak Goswami
-The Telegraph Guwahati (Assam): Aaranyak, an Assam-based NGO working for the conservation of nature, has won an United Nations award for its community-based flood early warning system that has benefited 40 villages in flood-prone Dhemaji and Lakhimpur districts. It has won the award along with Kathmandu-based International Centre for Integrated Mountain Development (ICIMOD) for the 2014 Lighthouse Activities awards under the focus area of information and communication technology (ICT) solutions. The award was...
More »Don't Make Fortune Out of Poor: Rajan to Micro Lenders
-Outlook Mumbai: Asking micro-lenders to look at only a "reasonable profit" to sustain their business while serving borrowers at the bottom of pyramid, RBI Governor Raghuram Rajan has said that one should not think of making a fortune while serving poorest of the poor. The comments come in sharp contrast to management guru late CK Prahalad's views in his book The Fortune at the Bottom of the Pyramid. The concept of the fortune...
More »80% of grants for finding solutions to improve agricultural yield spent in US, UK, Europe -Kounteya Sinha
-The Times of India LONDON: Majority of the $3 billion spent by the world's leading philanthropic organization - the Bill and Melinda Gates Foundation on finding solutions around improved agricultural yield to benefit the world's poorest and hungry people, has been spent in the US, Britain and other rich developed nations. Grain, a research group based in Barcelona said on Tuesday that over 80% of the grants were given to organizations in...
More »Pvt sector deserts war on TB, funding down 33% since 2011 -Subodh Varma
-The Times of India Even as tuberculosis (TB) continues to haunt the world, a new study has revealed that funding for research and development of new drugs to fight the disease is floundering. Private sector funding has declined by more than a third since 2011 as pharma companies are closing their TB research programmes. Pfizer shut down its TB drug discovery programme in 2012, AstraZeneca in 2013 and Novartis in 2014. Meanwhile,...
More »
