-The Business Standard One of Sewa's triumphs is formation of the Mahila SEWA Sahakari Bank In April 10 this year, SEWA, the Self-Employed Women’s Association, which prefers to describe itself as a cooperative or trade union rather than a microfinance institution (MFI) (though it straddles both spheres), with a membership of 1.3 million women, completed 40 years of its existence. This gives us an ideal opportunity to review its historic contribution to...
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Stub out tobacco donations to political parties, health activists say by Bindu Shajan Perappadan
Concern for public health goes up in smoke India's leading cigarette manufacturer, ITC Ltd, made financial contributions of Rs. 6.78 crore in the last two years to all major political parties in the country, causing public health activists here to question the possible interference of tobacco companies “in the Central government's efforts to bring in tougher anti-tobacco laws in the country.” Figures disclosed by ITC Ltd — and released recently by activists...
More »What the doctor ordered
-The Business Standard Draft health insurance guidelines must not remain on paper The insurance regulator’s draft guidelines on health insurance were necessary, given the segment has been plagued with high loss ratios, low penetration and persistent customer complaints. The draft, which proposes changes in every facet – product structure, renewability and claims settlement – is a thoroughly pro-customer document and seeks to plug the various loopholes that have been used to make...
More »UP CM Akhilesh Yadav declares assets
-PTI Setting a precedent before his cabinet colleagues, Uttar Pradesh Chief Minister Akhilesh Yadav has officially declared his assets and liabilities worth over Rs 4.83 crore. Akhilesh, 38, who uploaded details of his assets and liabilities on the official website of the state government, is the first Uttar Pradesh Chief Minister to make a public declaration. In the 2009 Lok Sabha elections when Akhilesh filed his nomination papers for Kannauj parliamentary seat, he...
More »Cheap generics no panacea for India's poorest
-Reuters Cheap generic drugs were meant to change the life of Nandakhu Nissar, whose mouth is swollen by a cancerous tumour. But the cashless and hungry 55-year-old sleeps on a pavement staring up at the windows of Mumbai's biggest cancer hospital. "What is a generic drug?" shrugs Nissar, who has travelled over 1,500 kms (900 miles) from his home in the hope of treatment. "I have borrowed money from friends and relatives...
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