-IANS Nearly 56 percent of families in Bihar have a mobile or landline connection, but about 77 percent of the population lack toilets, says a census report, highlighting the paradoxes in the state which has taken big leaps in development but also lagged behind in key areas. "Till 2001, only 2.2 percent families were using any kind of telecom facility in Bihar, now over half of its population owns a phone, as...
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Rural penetration of banks has increased, says RBI-AJ Vinayak
The RBI’s monetary policy statement for 2012-13 has said that penetration of banks in rural areas has increased. It said that banks are now providing Banking services in rural areas through 1,38,502 outlets. This includes 24,085 rural branches, 1,11,948 business correspondent outlets, and 2,469 outlets through other modes. In early March 2010, banks had only 21,475 brick and mortar branches in rural areas. No-frills accounts No-frills accounts have increased to around 99 million with...
More »Banking on goodwill-Prince Frederick
The Rajasthan Youth Association Metro's food bank provides a meal a day to over 200 institutions across Chennai. Prince Frederick meets the people behind the 20-year initiative In its 2010 report, the United Nations' Food and Agriculture Organisation (FAO) states that just seven countries — India, China, the Democratic Republic of Congo, Bangladesh, Indonesia, Pakistan and Ethiopia — account for 65 per cent of the world's hungry.” The World Food Programme...
More »CSE 2012 MEDIA FELLOWSHIPS: DEADLINE EXTENDED
The Centre for Science and Environment has extended its deadline for media fellowships 2012. If you have interest in environmental issues please go through the enclosed notification from the CSE and apply for the media fellowships. Terms and conditions are given below and can also be found on the CSE website (http://www.cseindia.org/). For any clarification or more information please email or phone Papia Samajdar, or Souparno Banerjee at souparno@cseindia.org / 9910864339. The...
More »Banks asked to roll out new farm loan products-Dinesh Unnikrishnan
The finance ministry has asked public sector banks to devise products for Indian farmers to ensure they get adequate funding in emergencies. The government, the majority owner of such banks, wants them to roll out products such as emergency loans to farmers that will be linked to savings accounts, a weather index-based insurance product, and set up a credit guarantee fund that will aid farmers in the event of crop losses...
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