-Live Mint Experts say private banks achieve lending obligations by buying out loans from non-banking entities Most private banks in India have not been able to meet the needs of farmers although they are expanding their rural and semi-urban branch network. This is why the Reserve Bank of India (RBI) is insisting that at least one-fourth of the branches of the new banks that will be given a licence must be located...
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Over 230 million women will face unmet contraceptive need by 2015-Aarti Dhar
-The Hindu The demand for contraception is projected to grow worldwide from 900 million in 2010 to 962 million in 2015 because of an increased desire for modern family planning methods. Increased investment in family planning will be required to meet the needs of the 233 million women projected to have an unmet need for modern contraceptive methods by 2015, a new survey has suggested. Over 60 per cent of married women in...
More »Muslims join pledge on women's rights-Edith M Lederer and David Randall
-The Independent Hardliners defied as historic blueprint to tackle violence against girls and women is agreed at the United Nations A remarkable coalition of Conservative Muslim, Roman Catholic, and liberal Western countries have joined together to approve a historic United Nations blueprint to combat violence against women and girls. In doing so, they ignored strong objections from Egypt's Muslim Brotherhood that it clashed with Islamic principles and sought to destroy the family. But...
More »Granaries full, but cereal prices up 20% -Surojit Gupta & Sidhartha
-The Times of India The Centre is blaming state governments for a near 20% rise in cereal prices despite overflowing granaries that have record stocks, and suspects that hoarding and high state levies are causing the spike. The latest wholesale price inflation data showed that the price increase in this segment was estimated at over 19%. According to the consumer price index, inflation is of the order of 17%. Last month, Food...
More »The feeding frenzy of kleptocracy-P Sainath
-The Hindu Since 2005-06, taxes and duties for the corporate world and the rich have been written off at the rate of Rs.7 million a minute on average. Duties waived on gold and diamonds in the last 36 months equal the 2G scam amount Forbes has just added an “errata” to Union Finance Minister P. Chidambaram’s budget speech. The Minister had found a mere 42,800 people in the country with a taxable...
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