-AFP More than 300,000 babies die within 24 hours of being born in India each year from infections and other preventable causes, a report said Tuesday, blaming a lack of political will and funding for the crisis. India accounts for 29% of all newborn deaths worldwide, according to the charity ‘Save the Children' which published the findings at the launch of its annual State of the World's Mothers report. The report on 186...
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Women SHGs to get loans at lower rates - Elizabeth Roche
-Live Mint Cabinet clears proposal to give loans at 7% interest rate, and 4% if SHGs repay loans within the stipulated period The federal cabinet has cleared a proposal to give loans to women self-help groups (SHGs) at 7% interest rate, cheaper than the existing 11.5-14%, bringing the cost of loans on a par with those given to farmers. SHGs that repay loans within the stipulated period will be eligible for loans at...
More »Trail of death in chit fund collapse -Falguni Banerjee & Sanjib Chakraborty
-The Times of India CHINSURAH/SODEPUR: The body count in the aftermath of the Saradha collapse keeps going up. A director of a micro-finance company was murdered at his home in Hooghly's Chinsurah on Monday even as the father of a chit fund agent hanged himself after being beaten and humiliated by cheated depositors in Sodepur on the northern outskirts of Kolkata. This is the eighth suicide since the Saradha Group meltdown ruined...
More »2,400 MT wheat rotting in govt granaries for past 2 years-Himanshi Dhawan
-The Times of India India may be facing the shame of 47% of its children suffering from malnutrition and about 30% of its population living below poverty line, but food continues to rot in government granaries. The Food Corporation of India (FCI) has admitted in data accessed through RTI that the amount of damaged wheat has increased from 2,010 million tonnes (MT) in 2009-2010 to 2,401.61 MT (2011-2012). The country has...
More »Karnataka sees maximum cases of voter inducement-J Balaji
-The Hindu The Election Commission has filed 2,655 FIRs in various police stations of Karnataka under Section 171B of the Indian Penal Code relating to bribery in view of Rs. 24.52 crore cash, gift articles including saris and watches, and liquor seized during the run up to the just concluded Legislative Assembly poll in the State. Informed sources said this was one of the highest numbers of FIRs registered by the poll...
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