A new report entitled Improving Access to Finance for Women-owned Businesses in India (2014), jointly produced by the International Finance Corporation (IFC) and Government of Japan, underlines the importance of lending to women-owned micro, small and medium enterprises (MSMEs)* in India (see the link below). It discusses the problem of accessing finance faced by women entrepreneurs despite them having stronger repayment track records vis-à-vis men (non-performing loans are 30 to...
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World Water Day: UN highlights water, energy links for sustainable development
-The United Nations To mark World Water Day, the United Nations is highlighting the key role that water and energy play in economic development and the eradication of poverty worldwide, and calling for strong measures to ensure their efficient and equitable use. In his message for the Day, focused this year on the interdependence between the management of water and energy, Secretary-General Ban Ki-moon noted that "they interact with each other...
More »The poor without the benefits-Parkash Chander
-The Hindu Restricting the price subsidy to coarse grains alone will not only work better from both fiscal and equity points of view but also weaken the incentives for graft The National Food Security Act (NFSA), passed recently by Parliament, offers 5 kg per person a month of cereals at highly subsidised prices to more than the bottom two-thirds of the population. It has been rightly hailed as the largest welfare programme...
More »Rs 30,000 crore stimulus to economy expected from poll spending -Surojit Gupta
-The Times of India NEW DELHI: The country's faltering economy is likely to get a significant stimulus from election spending by political parties, candidates and the government which estimates suggest could be as much as Rs 30,000 crore. The figure is comparable to the $4 billion (around Rs 20,000 crore at the prevailing exchange rate) additional spending that the government announced in 2008 to shield the economy from the impact of the...
More »Rajya Sabha panel for review of meat export policy -Vijay Pinjarkar
-The Times of India NAGPUR: A Rajya Sabha Committee on Petitions has urged the government to review meat export policy and recommended not to grant permission for any new slaughter house until a critical analysis by a dedicated commission is complete. It also advocated a review of policy of giving subsidies to meat exporters. The report was submitted on February 13 by a 10-member committee headed by Bhagat Singh Koshyari. MP from...
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