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Delhi NGOs initiate a process to survey the city's homeless people and reach welfare schemes to them. IN the narrow lanes of Khari Baoli, Asia's largest wholesale spice and grocery market in the crowded Old Delhi area near the Red Fort, labourers grapple with heavy sacks of grain, pulses, and so on as they load them on to wooden trolleys or unload them from trucks. There is no room for...

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Water-food-energy nexus in Asia by Arjun Thapan

In our frantic search for solutions to our water crisis, we tend to overlook the self-evident relationship between water, food, and energy. It is still not too late. As my colleague Tony Allan, a Stockholm Water Prize laureate says so pithily, the three are the corners of a triangle with politics and emotion at its center. About 80 percent of accessible freshwater in Asia is used for agriculture; the rest...

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State Bank to jack up rural lending by 25% by Anita Bhoir

State Bank of India, the country’s largest bank, plans to scale up its rural book in keeping with its objective to increase financial inclusion. The bank plans to increase its rural lending book by 25% and its deposit base by about 28%,’’ said Jayanta K Sinha chief general manager, rural business, SBI. The bank is also in the process of teaming up with corporates, who would be Business Correspondents(BC). “In keeping...

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Mining project payouts to go to women

The new mining legislation will make woman of the house chief beneficiary of the compensation for land acquired for mining project, as the government seeks to ensure the large amounts provided go into ensuring livelihood and are not depleted quickly. This is in sync with the government’s attempt to empower women by giving them a bigger role in financial decision-making. “Women are known to manage the household finances better than their male...

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The mass job guarantee by Aruna Roy & Nachiket Udupa

  The sea change that India’s national scheme for rural employment guarantee has accomplished is hard to fathom, its vastness touching the lives or more than 100 million people. The National Rural Employment Guarantee Act of 2005 (NREGA, subsequently renamed after Mahatma Gandhi, or MGNREGA) was a landmark in Indian legislation. Under the act, as of April 2008, for the first time in India’s history, all rural citizens have a legal right...

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