-The Hindu The National Commission for Protection of Child Rights issues notice to official as bank moves to attach house The National Commission for Protection of Child Rights (NCPCR) has issued summons to a senior official at ICICI Bank as four children stare at the possibility of losing their home over repayment of a Loan taken by their parents, both of whom died last year during the second wave of the pandemic. “The...
More »SEARCH RESULT
Total Matching Records found : 2479
COVID orphaned 10,600, says NCPCR -Krishnadas Rajagopal
-The Hindu Child Rights Commission tells SC that 1.47 lakh children lost a parent during the pandemic The Supreme Court is worried for children, some as young as six year old, whose parents suddenly died of COVID-19, leaving behind unpaid debts, mortgages, Loans and insurance premiums. The National Commission for Protection of Child Rights (NCPCR) has so far identified 1,47,773 children who have lost one parent and another 10,600 who have become orphans...
More »Fighting child marriage in India, thanks to school and a mobile phone
-United Nations News With the help of an innovative mobile phone service, UN agencies are working with the Government of Rajasthan, India, to combat child marriage. The poster shows a tiny girl with braided hair, tied at the end with pink ribbons. Her face droops in despair as she walks next to an older man. The garlands around their necks indicate that they have just been wed. She holds a little blackboard in...
More »Raising capital the biggest challenge for women-led MSMEs in India: Indifi
-Business Standard The survey discovered that securing capital remains the biggest challenge The number of women-led MSMEs in India has jumped from 2.15 lakh to 1.23 crore in just a decade. However, they face a finance gap of $158 billion and largely rely on informal sources, said a survey by Indifi Technologies, a lending platform for MSMEs, titled ‘Understanding what women-led MSMEs want’. The survey was launched to understand needs and challenges of...
More »RBI lifts interest cap on microfinance institutions, bans usurious rates
-Business Standard Borrower cannot be charged any amount not been explicitly mentioned in a factsheet, says regulator. The Reserve Bank of India (RBI) on Monday released its final guidelines for microfinance Loans, lifting an interest cap and allowing companies to have a board-approved policy to price for such lending. The RBI will continue checking that microfinance institutions do not charge usurious rates. The regulator said each entity has to disclose pricing related information...
More »
