India’s microfinance institutions (MFIs), under pressure because of stricter rules in their largest market Andhra Pradesh and the consequent slump in repayments there, may get a boost from the Asian Development Bank (ADB). ADB is constituting a $250 million (around Rs1,135 crore) facility to offer guarantees against loans to MFIs extended by banks in the Asia-Pacific region where it operates, including India. The move is aimed at encouraging banks to lend...
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Water a more serious issue than energy crisis: Montek
The country’s attention may be focused on an ever-increasing energy needs, but water is a much bigger issue, says a key policymaker in the government. “Water crisis is a more serious issue than energy crisis,” said Montek Singh Ahluwalia , deputy chairman of Planning commission, at the World Economic Forum on Sunday. Speaking at a session on ‘How will India avert a Water Crisis?’ Mr Ahluwalia said that that the government...
More »European Commission honour for India Today journalist
An India Today report based on the Right to Information Act by Associate Editor Shyamlal Yadav is among the winning entries for the 2010 Lorenzo Natali Prize (LNP)-2010, an annual competition open to journalists worldwide. The report was among the 17 best entries (three from each continent and two special prizes) from over 1,100 nominations worldwide. Awarded by the European Commission, the LNP is supported by Reporters Without Borders and WAN IFRA...
More »Farmers to get developed land as relief
Farmers have a reason to cheer because the cabinet on Tuesday gave nod to the developed land compensation scheme of Karnataka Industrial Area Development Board (KIADB). The scheme will do away with giving cash as compensation to land losers. Instead, they will get a whopping 9,583 sqft of developed land per every acre of land acquired by the KIADB. The compensation deal has been brought on par with the BDA...
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KEY TRENDS • Maternal Mortality Ratio for India was 370 in 2000, 286 in 2005, 210 in 2010, 158 in 2015 and 145 in 2017. Therefore, the MMRatio for the country decreased by almost 61 percent between 2000 and 2017 *14 • As per the NSS 71st round, among rural females aged 5-29 years, the main reasons for dropping out/ discontinuance were: engagement in domestic activities, not interested in education, financial constraints and marriage. Among rural males aged...
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