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Give the poor money

CELIA ORBOC, a cake-seller in the Philippines, spent her little stipend on a wooden shack, giving her five children a roof over their heads for the first time. In Kyrgyzstan Sharmant Oktomanova spent hers buying flour to feed six children. In Haiti President René Préval praises a dairy co-operative that gives mothers milk and yogurt when their children go to school. These are examples of the world’s favourite new anti-poverty device,...

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After waiver, loans at 5% for farmers next on agenda by Mahendra Kumar Singh

At a time when agriculture production has become key to economic expansion, the Union Cabinet on Friday will consider a proposal to fulfill its promise of crop loans at a cheaper rate of 5% to farmers who make timely repayment. In the current year's budget, finance minister Pranab Mukherjee had proposed to give up to 2% interest rate subvention to farmers who do not default on their repayments, making the...

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In Bihar, women give 'birth' to 5 children in 2 months

A woman, as everyone knows, usually gives birth to a baby after nine months of pregnancy, but in Bihar 298 women claim to have delivered two to five children in a span of 60 days - at least that's what records of incentives amount given to new mothers under a government scheme show. A woman gets around Rs.1,000 when she gives birth under the government's Janani Suraksha Yojana but a...

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Harsh ground realities could trip RTE vision by Cordelia Jenkins

In an upstairs classroom at a residential school in Mal, near Lucknow, the girls are revising for their exams. As the light starts to fade at the glassless windows, each girl takes a brightly coloured plastic lamp and carries it to her space on the floor. There is no electricity, but the lamps are solar powered. They have been donated jointly by Swedish company Ikea and the United Nations Children’s...

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Rlys extends helping hand to FCI in lifting stocks from Punjab, Haryana by Praveen Kumar Singh

Indian Railways has come to Food Corporation of India’s (FCI) rescue in flood-hit Punjab and Haryana, where part of its foodgrain stocks have been rotting due to heavy rains. The national transporter has given a discount of 35% to the public sector food procurer to carry grains from northern India to other parts of the country. The railways also expects to boost its own revenue by transporting a large volume of...

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