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Women Hung Out to Dry in Global Labour Market by Kanya D'Almeida

Amid policy battles over food production, energy resources and economic decline, one untapped natural resource that is guaranteed to boost production on a global scale has been stubbornly overlooked – the power of women in the labour force. According to the World Bank's 2012 World Development Report (WDR) "Gender Equality and Development", ensuring equal access for women farmers would increase maize yields by 11 to 16 percent in Malawi and 17...

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Banks told to integrate operations with Regional Rural Banks for rural lending by Dheeraj Tiwari

In an attempt to extend the reach of banks in rural and semi-urban areas, the finance ministry has asked public sector banks to integrate their operations with regional rural banks (RRBs). "Charges for various banking services used by customers of RRBs are to be aligned with the sponsoring banks," a finance ministry official said on condition of anonymity. "Further, cheques or drafts issued by RRBs should be treated at par...

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Amazing journey of a 70-year-old social entrepreneur by Shobha Warrier

Retirement at 60 means a relaxed life for most people. Not so for 70-year-old P Mukundan, managing director of Servals Automation Pvt Ltd, though. He did retire from his busy business life at 60 but chose to become a social entrepreneur after that. He started a social enterprise that is 'for-profit' but that touches the lives of those who live in rural areas all over the world. In 2002, Mukundan started manufacturing...

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Lighting up rural India by STR Team

-The Business Standard   A young entrepreneur with an engineering degree from India’s premier engineering school and a postgraduate degree from the US’s finest technical school develops an innovative service aimed at ameliorating the energy utility situation in rural India. In 1995, he co-founds SELCO India, which provides customised energy solutions based on each household’s requirements. It facilitates low-income rural households to secure financing help from local financial institutions. Read how...

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Parliamentary Committee questions move to introduce Food Bill

-The Economic Times The Parliamentary Standing Committee on finance has questioned the government's move to introduce a right to food bill when it did not have a single, widely-accepted definition of the poor. The "criteria of identification of the poor remains nebulous," the Yashwant Sinha-headed committee has observed. The proposed food security bill, seen as the largest such legislation anywhere in the world, hinges on the definition of the poor. The...

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