-The Hindu "If we are going to be serious about supporting women's SHGs, then we need a development finance institution" Finance Minister P. Chidambaram's proposal to establish a bank exclusively for women - which he described as the highlight of this year's budget - may have garnered applause from across party lines in Parliament and could be set up as early as October; but that hasn't stopped his Cabinet colleague and Rural...
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Banking on hope -Sagnik Dutta
-Frontline How far will the proposed women's bank help marginalised sections when women's SHGs get little support and find it hard even to open accounts in public sector banks? WHILE the recent announcement of a women's bank in the Union Budget has been touted as a progressive measure for the financial inclusion of women, no concrete measures have been forthcoming to make all existing public sector banks sensitive to the needs...
More »Poor Households to Get Goats, Poultry in Bihar: Nitish
-Outlook Patna: Poor households in Bihar will be provided poultry and goats free-of-cost so that they get their supplement of nutrition in the form of eggs and milk, Chief Minister Nitish Kumar said today. "Every poor family will get three goats each through self -help groups (SHGs) as part of a development plan," Kumar said at a function here. "Besides, 5.50 lakh households each will get 45 hens in three instalments through SHGs,"...
More »Supreme Court seeks Centre’s response on Chhattisgarh PDS model
-The Times of India Finance minister P Chidambaram may have brushed aside the Gujarat model of development but the Centre will now have to comment on the efficacy of the model set up by BJP-ruled Chhattisgarh in implementing targeted public distribution system providing subsidized food grains to the poor. The Supreme Court on Monday sought the Centre's comment on the Raman Singh government's model of TPDS implementation, which was repeatedly cited by...
More »Court upholds Andhra law on microfinance-Viswanath Pilla and Dinesh Unnikrishnan
-Live Mint High court asks state to review law in light of proposed national regulations to govern the sector The Andhra Pradesh high court on Monday upheld a law that led to the near demise of the microfinance industry towards the end of 2010, but asked the state government to review the legislation in the light of proposed national regulations to govern the sector. News of the review sent the stock of the...
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