At August 30 meet, it was felt there should be a system of two prices, differential entitlements Since then, NAC Working Group on Food Security has had detailed discussions The Sonia Gandhi-led National Advisory Council (NAC) may be close to finalising the contentious Food Security Bill when it meets here on September 24. Planning Commission Deputy Chairman Montek Singh Ahluwalia and officials from Ministries concerned, including Women and Child Development Secretary, will be...
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India Holds Government Accountable For Millennium Development Goals by Pamela Philipose
Among the various definitions of "noise" is this one: "Something that draws public notice". And "Making Noise" is precisely what groups all over India are doing, or planning to do, in the days ahead in order to wake up the government to its promises. In the year 2000, India was among the countries that had signed on to achieve, by 2015, the United Nations Millennium Development Goals (MDGs). These goals...
More »Banks may find it tough to ensure microfinance companies don’t charge high rates
Banks will have to put in place a mechanism to verify that microfinance institutes (MFI) they finance do not charge exorbitant rates to the final borrowers. The finance ministry has asked banks to ensure that MFIs, whom banks are financing, do not lend at rates more than 24% — all inclusive rates — to the ultimate borrowers. Some banks have recently inserted a clause while lending to MFIs that they...
More »Differently-abled children under-reported by John Samuel & Raja D
The differently-abled account for 5-7% of India’s population in the age group of 6-14 years, but they make up only 0.4% of its workforce. This large variance in the space of a few years can be explained by the disadvantages and discrimination the differently-abled face at every step, starting from the first: being counted. Civil society activists say various attempts by the government to identify and enumerate the differently-abled in...
More »Mining Draft Bill gets GoM nod by Sujay Mehdudia
It approves 26 per cent share in profits for local people The draft bill proposes setting up of a fund to pay beneficiaries Final legislation likely to be introduced in the winter session of Parliament The Group of Ministers (GoM), headed by Union Finance Minister Pranab Mukherjee, on Friday approved the new Mining Draft Bill, including the provision that mining companies share 26 per cent of profits with local people affected by their...
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