Women in 65 villages of Karnal  district, Haryana, have transformed their lives through self-help groups and microcredit schemes The infant mortality and maternal mortality rates have both come down substantially 94 per cent of the women now have ante- and post-pregnancy checks Institutional deliveries rising; anaemia in pregnant women down. No girl is married off before she’s 18 Taravanti clearly remembers the time, 19 years ago, when she got married...

From Bihar to America, via rickshaw. That’s the feat Irfan Alam has pulled off, winning an invite from President Barack Obama for his work with rickshaw-pullers and proving that Lalu Prasad isn’t the only Bihari worth a toast for his business acumen. The 35-year-old IIM Ahmedabad graduate, who has redesigned and smartened up rickshaws and helped boost the pullers’ earnings and dignity, is one of 79 “unique” entrepreneurs from across the world...

In 2006-08, Maharashtra saw 12, 493 farm suicides. That is 85 per cent higher than the 6,745 suicides it recorded during 1997-1999. And the worst three-year period for any State, any time. The loan waiver year of 2008 saw 16,196 farm suicides in the country, according to the National Crime Records Bureau. Compared to 2007, that’s a fall of just 436. As economist Professor K. Nagaraj who has worked in-depth on...

India’s private sector banks are busy drawing up plans to attack public sector banks in their backyard—rural India—by opening hundreds of new branches. They don’t need to seek the Reserve Bank of India’s (RBI) nod any more to open branches in smaller towns and large villages, the so-called tier III to VI centres with population below 50,000. The Indian central bank has also permitted private and public sector banks to...

Tens of thousands of displaced people around the world will get micro-loans to set up their own businesses and become self-sufficient thanks to a new agreement between the UN refugee agency and a microfinance services organization set up by Bangladeshi Nobel Peace laureate Muhammad Yunus. Under a memorandum of understanding signed by Mr. Yunus and UN High Commissioner for Refugees (UNHCR) António Guterres, the Grameen Trust will set up micro-loan...