-PTI WASHINGTON: Describing Aadhaar card as one of the best example of integration of technology for social welfare use, the World Bank President, Jim Yong Kim, believes that this massive effort by the Indian Government would help in achieving his goal of poverty eradication by 2030. "On a larger scale we've got to think about how we can integrate this technology into a massive effort to scale up access to financial...
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Action Against Banks if Guilty: RBI on Cobrapost Sting
-Outlook Reserve Bank of India (RBI) today said it has completed investigations against banks following the Cobrapost expose and will take action if they are found guilty of violating prudential banking norms. "We have done investigations, we have prepared an internal report. There are processes to be followed to take investigations to its logical closure... "The first is action against individual institutions who are involved in practises which are not consistent with the...
More »Rights body slams DU’s decision to introduce compulsory Hindi, MIL
-The Statesman GUWAHATI, 7 MAY: Asian Centre for Human Rights (ACHR), a New Delhi-based rights body, has come out strongly against the Delhi University (DU) for its decision to introduce compulsory Hindi and other Modern Indian Languages (MIL) in its courses without assessing the ground reality and urged the University Grants Commission to intervene with the famed university "to halt the four year undergraduate programme and not to introduce compulsory MILs...
More »When development triggers caste violence -Hugo Gorringe
-The Hindu The educational and economic development of Dalits is seen by the backward castes as a challenge to the social order, as recent incidents in Tamil Nadu show On the evening of November 7, 2012, a crowd numbering over 1000 people burst into three Dalit settlements in Dharmapuri, north-western Tamil Nadu, and laid them waste. Over a period of several hours, they looted, smashed and burned. Trees had been felled on...
More »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...
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