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Stop chasing profits at customers' expense, RBI Deputy Governor tells MFIs

-The Hindu The RBI deputy governor reminded the industry that their customers often have lower level of financial awareness and literacy and ‘are often too desperate to turn away any source of credit’. Micro-finance lenders must refrain from chasing profits and introspect on the ‘negative consequences’ of pushing their borrowers into a debt trap, using harsh recovery practices and harassing customers as this could undo the sector’s progress, a top central banker...

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For Delhi’s street vendors, it’s not business as usual after HC order -Muneef Khan

-The Hindu Removal of ‘illegal hawkers’ at Connaught Place has pushed them into distress The removal of “illegal” hawkers and street vendors from Connaught Place market following an order from the Delhi High Court has left many worried about their future. While some attempt to carry out their businesses around Connaught Place, most say they “have nowhere else to go”. According to the Delhi Street Hawkers Survey conducted by the government, 73,716 hawkers...

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Updated NPR form appears to retain contentious questions -Vijaita Singh

-The Hindu 14 parameters include mother tongue, place of birth of parents and last place of residence. The latest form of the National Population Register (NPR) appears to have retained contentious questions such as “mother tongue, place of birth of father and mother and last place of residence”, according to a document compiled by a committee under the Registrar General of India and shared with District Census officers. Though NPR was first compiled...

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Centre to launch two mobile hospitals

-The Hindu The facilities, to be set up in containers, can be sent by rail or air to any part of country. Union Health Minister Mansukh Mandaviya on Tuesday said the recently launched PM Ayushman Bharat Health Infrastructure Mission, with an outlay of more than ₹64,000 crore, is aimed at filling critical gaps in public health infrastructure, especially in critical care and primary care facilities in both urban and rural areas. Speaking at...

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A reminder that India still trails in the hunger fight -Dipa Sinha

-The Hindu The Government’s objection to the methodology of the Global Hunger Index is not based on facts The Global Hunger Report (GHR) has once again made headlines in India for the country’s poor ranking in terms of the Global Hunger Index (GHI). The report ranks India at 101 out of 116 countries, with the country falling in the category of having a ‘serious’ hunger situation. The ranks are not comparable across...

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