Lack of adequate credit - the lifeblood for any company is threatening to derail fledgling attempts by hundreds of dalit entrepreneurs to overcome deep socio-economic barriers and break into mainstream business.  Without credit, such entrepreneurs would also struggle to cash-in on the Rs 7,000-crore business opportunity opened up by the central government's new dalit-friendly sourcing plan, unveiled last month.  Credit disbursements to dalit entrepreneurs through 20-odd schemes run by the Ministry of...

With the Parliamentary Standing Committee on Finance raising a red flag against the National Identification Authority of India (NIAI) Bill to grant the UID (or Aadhar) project legal status, the project looks set for a slowdown . That could have broad implications for the tech sector that had laid substantial hope on it, especially when global markets are slowing down.  The UID project is estimated to offer IT companies a Rs...

A Parliamentary Standing Committee on Finance is set to recommend that the government withdraw the National Identification Authority of India Bill 2010, reports India Today, citing unnamed sources. The recommendation is to withdraw the bill and introduce another one, because members of the standing committee found the project directionless, and that the bill and the project are not acceptable in their present form, the report states. It doesn’t quite mention...

Eminent neurologist says kids should not be robbed of their right to grow in a natural way by “restricting [their] learning competence” with education in a foreign language like English An award-winning Jaipur-based neurologist has advocated imparting primary education to children in their mother-tongue, saying it would produce youngsters possessing “fundamentally strong personalities” bestowed with wisdom, motivation, better communication skills and creativity. In his new study, Dr. Ashok Panagariya – honoured with...

A parliamentary committee is set to reject the National Identification Authority of India Bill 2010, inflicting a severe blow to Unique Identification Authority of India chairman Nandan Nilekani and raising doubts about Prime Minister Manmohan Singh's pet project. Former IT czar Nilekani, who holds cabinet minister rank as UIDAI chief, had been keen on the enactment of the Bill so that a statutory National Identification Authority could be established. The Bill,...