A new report entitled Improving Access to Finance for Women-owned Businesses in India (2014), jointly produced by the International Finance Corporation (IFC) and Government of Japan, underlines the importance of lending to women-owned micro, Small and Medium Enterprises (MSMEs)* in India (see the link below). It discusses the problem of accessing finance faced by women entrepreneurs despite them having stronger repayment track records vis-à-vis men (non-performing loans are 30 to...
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Karnataka LS members spent 75 p.c. of MPLADS funds-Anil Kumar Sastry
-The Indian Express They were entitled to a total of Rs. 516.93 cr. in 2009-14 Bangalore: Members of the 15th Lok Sabha from Karnataka have spent about 75 per cent of the funds under the Member of Parliament Local Area Development Scheme (MPLADS). Among them, Bellary MP J. Shantha has spent the least - Rs. 5.89 crore out of the Rs. 12.11 crore released (48.65 per cent). According to the Union Ministry of...
More »PM-headed panels hardly ever met, says RTI query -Sandeep Pai
-The Hindustan Times Several important councils and committees formed and headed by Prime Minister (PM) Manmohan Singh have either not met even once or only rarely, according to a Right to Information (RTI) reply procured by HT from the Prime Minister's office (PMO). Important committees on nutrition, skill development, climate change, and micro, small, medium enterprises (MSME) - all under the PM's stewardship - haven't met for years, says the RTI query. Interestingly,...
More »PM indicates change in Centre’s stand on GM crops -Vishwa Mohan
-The Times of India NEW DELHI: In a remark which may cheer agriculture scientists and farmers across the country and signal a change in stance, Prime Minister Manmohan Singh on Monday said the government should not succumb to "unscientific prejudices" against genetically modified (GM) crops. Responding to anti-GM activists who have been opposed to even scientific field trials of genetically engineered crops, Singh said his government remained committed "to promoting the use...
More »Catch-up in industrialisation-Deepak Nayyar
-The Hindu It was the visible hand of the state rather than the invisible hand of the market that helped the developing world catch up with the industrialised countries The emerging significance of developing countries, which gathered momentum after 1980, is beginning to shift the balance of power in the world economy. It could lead to a profound transformation in the next 25 years. This unfolding reality must be situated in the...
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