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Participation of Tribals under MGNREGS

The Minister for Rural Development Shri Pradeep Jain “Aditya” today informed the Lok Sabha that Employment under Mahatma Gandhi NREGA is open to all rural households irrespective of their caste or community. Any adult member of a rural household can register himself/herself with the Gram Panchayat and get a job card issued. Thereafter, a worker needs to apply for work for getting employment subject to a maximum of 100 days...

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Employment generation and Agriculture Sector should be given top importance: ILC recommends

The two day 43rd Session of the Indian Labour Conference (ILC), the apex national tripartite body that discusses key issues affecting labour and employment and provides policy perspectives and recommendations, concluded in New Delhi today. The Conference was inaugurated by Prime Minister Dr. Manmohan Singh on Tuesday 23rd November 2010. Senior level representatives of the three pillars of the tripartism, Trade Unions, Employers’ Associations and Government, participated in the deliberations...

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Responsible finance

The recent crisis in the micro-finance industry, brought about by some incidents in Andhra Pradesh, has led to the development of a new concept in the Indian thinking on development — that of “responsible finance”. Responsible finance is supposed to mean financial activities by companies that make just about enough returns to stay in business and charge rates of interest on loans to the poor that are only marginally higher than what...

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Adivasi Sahitya Sabha to set up special school by Rajiv Konwar

The Adivasi Sahitya Sabha is gearing up to start a unique school where Adivasi students will get the opportunity to study in the popular Adivasi language — Sadri. The school, to be set up in Sonitpur district, will start functioning from December this year. Adivasis were brought to the state by British tea planters from different parts of the country before Independence, to work in the nascent tea industry. As they were...

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India Microcredit Faces Collapse From Defaults by Lydia Polgreen and Vikas Bajaj

India’s rapidly growing private microcredit industry faces imminent collapse as almost all borrowers in one of India’s largest states have stopped repaying their loans, egged on by politicians who accuse the industry of earning outsize profits on the backs of the poor. The crisis has been building for weeks, but has now reached a critical stage. Indian banks, which put up about 80 percent of the money that the companies...

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