In a significant step towards foolproof monitoring of micro finance institutions (MFIs) and gaining first-hand information on multiple lending, excessive rural indebtedness and irregularities in the sector, the state government has constituted four working committees that would integrate various databases of SHG bank linkage, ration cards & borrowers' data being submitted by MFIs on a priority. These committees would create and maintain the website on MFIs and also help in responding...
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FAO launches 2nd State of the World’s Plant Genetic Resources for Food and Agriculture report
The genetic diversity of the plants that we grow and eat and their “wild relatives” could be lost forever, threatening future food security, unless special efforts are stepped up to not only conserve but also utilize them, especially in developing countries. This is one of the key messages of the second report on The State of the World’s Plant Genetic Resources for Food and Agriculture, launched today by FAO. The...
More »Conserving plant genetic diversity crucial for future food security – UN
The world’s food security could be threatened by the failure to conserve the wild plant species that are genetically related to the crops grown by mankind for food, the United Nations Food and Agriculture Organization (FAO) said in a new report released today. In the 350-page report, FAO warns that the loss of biodiversity will have a major impact on the ability of humankind to feed itself in the future, with...
More »For whom the bell tolls by Moushumi Basu
It is imperative that the committee constituted to look into charges of corruption in the Commonwealth Games should also include violations of labour laws within its purview. One of the more blatant and visible scams of the recently concluded Commonwealth Games relates to how the thousands of workers who worked on the games construction sites were denied minimum wages, safety equipment, housing and other benefits constitutionally due to them. In an interview...
More »UIDAI to capitalise on financial inclusion plan by Kirtika Suneja
Getting rural India to register for Aadhaar, the unique identification number scheme, is going to be a rewarding experience for banks. Leveraging on the government’s financial inclusion agenda, the Unique Identification Authority of India (UIDAI) has decided to pay Rs 50 per enrolment to banks and Life Insurance Corporation of India, which are acting as its registrars, for signing up residents till March 2011. Besides, any person who is below...
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