SEARCH RESULT

Total Matching Records found : 1472

RTE admission rules out: No profiling kids by Akshaya Mukul

After months of debating the issue and seeking the law ministry's opinion, the HRD ministry on Tuesday finally issued guidelines about screening of children at the time of admission under the Right to Education Act. HRD minister Kapil Sibal said, "We have taken the law ministry's clearance to issue the guidelines on screening. The RTE Act will be amended later. Had we gone in for an amendment on screening now admissions...

More »

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...

More »

MFIs similar to moneylenders, says Reddy by Gayatri Nayak

Yaga Venugopal Reddy , former Reserve Bank of India governor credited with saving the nation’s financial system from the 2008 meltdown, has said what many finance experts believed, but did not have the courage to admit publicly: microfinance is India’s subprime. “Ultimately, it’s something like subprime lending,” Mr Reddy told ET in an interview ahead of his book release. “The same incentives are operating here... it was securitisation and derivatives that...

More »

Black swan in micro-finance by Ajit Ranade

The SKS IPO and the Andhra Pradesh ordinance have suddenly changed everything. Will it be the death knell or will it usher in a reformed and healthy industry? There are three basic facts about micro-finance in India. First, most of what is described as micro-finance industry is actually micro-loans. There is hardly any provision of micro-savings, micro-investments, micro-insurance or micro-pensions. This is mostly because of regulatory reasons, i.e. accepting money...

More »

MFIs want banks to create Rs 1,000-cr fund

Faced with a liquidity crunch, microfinance companies have asked RBI to direct banks to set up an emergency fund of Rs 1,000 crore to help them tide over slowdown in their business. Sources said the Microfinance Institution Network (MFIN) is trying to convince the central bank in this regard. The micro finance sector has been reeling under a liquidity crisis after the Andhra Pradesh government issued an ordinance to control interest...

More »

Video Archives

Archives

share on Facebook
Twitter
RSS
Feedback
Read Later

Contact Form

Please enter security code
      Close