The poster boy of microfinance is now seeking some anonymity. In Andhra Pradesh, the epicentre of the worst crisis faced by microfinance in India, SKS Microfinance is playing down its identity and going into preservation mode. At its modest office in a residential colony in Warangal district, India’s largest microfinance company has taken down its board. At its head office in upmarket Begumpet in Hyderabad, it hung a cloth mesh...

The Khadi and Village Industries Commission (KVIC) and Dindigul police have undertaken a joint initiative to create Employment opportunities for tribals, especially women, in the Kodaikanal region. The initiative is aimed at ensuring that the tribals do not support anti-social elements or Naxalites due to lack of sustainable livelihood. The KVIC is also expanding this initiative in southern districts such as Theni and Kanyakumari, K. Krishnaswamy, Director, KVIC Madurai Division, told...

Could India's mock war on poverty ever turn real? India became independent 63 years ago. Since Independence the country has implemented 10 Five Year Plans and a few Annual Plans. Currently the 11th Plan is being executed. Efforts made during the last six decades have resulted in the modernisation of a stagnant economy and India's emergence as a major industrial power. This period also witnessed remarkable progress in agricultural production. But India...

Orissa Chief Minister Naveen Patnaik today said the POSCO project, which has been a hanging fire for the last five years, has a potential of earning huge revenue for the Centre as well as the state and will create many Employment opportunities for the country. Patnaik also said the implementaion of the Rs 51,000-crore project is also the responsibility of the central government. "It is also the responsibility of the Centre. The...

The government has assured full support to Indian companies exploring opportunities to acquire agricultural land in Africa for cultivation of pulses in order to deal with its domestic shortage. "We import pulses and we will be more supportive of more land being brought under cultivation and for value addition. India is the market and we have been investing in agriculture...," Commerce and Industry Minister Anand Sharma had said. With the unabated...