In a bid to protect food grains from spoiling due to inadequate storage facilities, Punjab and Sind Bank has come up with an initiative to extend credit for the construction of rural godowns in Punjab. The Punjab government is fully supporting this initiative and they have also got the green signal from the government of India. 'The bank will provide finance for construction of rural godowns of any storage capacity as per...

The World Bank has agreed to provide USD 900 million financial aid to Pakistan which has been hit by devastating floods affecting 14 million people and leading to crop loss estimated at USD 1 billion. "The Government of Pakistan has requested around USD 900 million of financial support from the World Bank, which we have committed to provide," the World Bank said in statement. The current floods have claimed over 1700 lives...

Suffering from extreme poverty and male oppression, the women of Darkali village in Madhya Pradesh, India, are now able to feed their families through employment under the MGNREGS. The wages obtained under the Scheme help them augment the family resource base. Jashmabai is working under the punishing sun on an earthen dam in her village of Darkali, in Madhya Pradesh's Alirajpur district, being built under the government-funded Mahatma Gandhi National Rural...

Today, "social entrepreneurship" has become an important development to help some of the poorest groups in the world like the rickshaw pullers in India. Colorfully adorned cycle rickshaws have long been a part of India's landscapes. These hardworking yet environmentally friendly rickshaw operators can navigate busy urban streets and rural country roads with the same ease. But they are all but invisible to their passengers as they barely subsist above the...

Governments in India — Centre and states — spend around one per cent of the country's GDP on health. Only five countries — Burundi, Myanmar, Pakistan , Sudan and Cambodia — have a lower figure than this. But private spending on the crucial sector is 4.2 per cent of GDP, among the top 20 countries in the world. Within this private spend, employers pay for about 9 per cent and...