Being trained as solar-power engineers enables women from rural India and Africa to introduce electricity in isolated areas Securing the end of her bright yellow and orange sari firmly around her head, Santosh Devi climbs up to the rooftop of her house to clean her solar panels. The shining, mirrored panels, which she installed herself last year, are a striking sight against the simple one-storey homes of her village. No...
More »SEARCH RESULT
Plea to adopt India’s rural employment guarantee scheme in South Africa
-PTI The head of South Africa’s powerful federation of trade unions has asked the government to consider replicating the model of India’s rural employment guarantee scheme MNERGA to address the huge unemployment problem in the country. Mr Zwelinzima Vavi, head of the powerful Congress of South African Trade Unions (Cosatu), believes that the model used in India could also work in South Africa. Speaking at a University of Johannesburg seminar around constitutional...
More »Experts warn Africa must learn from India's microfinance problems by Teo Kermeliotis
It has been lauded as one of the most promising ways of using the market to reduce poverty and boost economies in some of the world's most deprived areas. But in recent months the work of microfinance institutions (MFIs), which provide small loans to poor people with no access to traditional banking services, has come under scrutiny after a spate of suicides in the Indian province of Andhra Pradesh was linked...
More »Graft lens on ex-tech regulator by Basant Kumar Mohanty
A CBI probe has indicted a former chairman of India’s technical education regulator for approving increased student intake by a private engineering college 10 years ago despite the institution lacking adequate infrastructure. The indictment of R. Natarajan comes days after the agency had nailed the now-suspended All India Council of Technical Education (AICTE) chairman, R.A. Yadav, in another corruption case. Natarajan was head of the AICTE when the regulator allowed the Chennai-based...
More »'Scam' in loans to Lavasa, Adani
Over a month after the CBI cracked down on the alleged multi-crore kickbacks-for-loans scam, investigators are believed to have found irregularities in the loan files of at least eight companies, including Lavasa, DB Realty, Mantri Realty and Adani Group. In November, the CBI had arrested three members of Mumbai-based financial service company Money Matters and four others for their involvement in the alleged loan scam. The CBI, after going through loan...
More »