The Aadhaar universal ID has been rolled out to general applause and will soon change our lives across the board. The project should accomplish its mission, which is to improve the delivery of rural welfare. It may liberate the poor and marginalised from the cash economy and give them access to formal finance and banking. And if the ID is made mandatory for big transactions, it may reduce money laundering...
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State Bank to jack up rural lending by 25% by Anita Bhoir
State Bank of India, the country’s largest bank, plans to scale up its rural book in keeping with its objective to increase financial inclusion. The bank plans to increase its rural lending book by 25% and its deposit base by about 28%,’’ said Jayanta K Sinha chief general manager, rural business, SBI. The bank is also in the process of teaming up with corporates, who would be Business Correspondents(BC). “In keeping...
More »UN-backed ‘clean stove’ initiative to save lives and heal environment
A United Nations-backed intervention involving cook stoves holds the promise of saving lives, uplifting health, improving regional environments, reducing deforestation, empowering local entrepreneurs, speeding development, and helping to stem global climate change. The United Nations Environment Programme (UNEP) has joined international efforts to dramatically boost the efficiency of some 3 billion cook stoves across Africa, Asia and Latin America, with the aim to protect women’s health and provide significant environmental...
More »This poor farmer has the answer to India's food crisis
Apni kheti, apna khaad / Apna beej, apna swaad (Our own farm, our own fertiliser / Our own seeds, our own taste) -- Prakash Singh Raghuvanshi. A farmer from Tandia village in Varanasi has a solution to India's burgeoning food crisis. In a land where poverty, hunger, malnutrition and farmer suicides are rampant, Prakash Singh Raghuvanshi's innovation could work wonders. He has single-handedly developed a number of high yielding, nutritious...
More »India to study impact of carbon aerosols on public health
At a time when carbon aerosols including black carbon caused by incomplete combustion are being linked to global warming, an integrated national research programme will study its impact on public health, rainfall patterns and glacial health in the country. "While various institutes in the country have been working on aerosols, including black carbon for some time now, India needs to assume a major leadership role in aerosol science," Environment Minister Jairam...
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