It has been lauded as one of the most promising ways of using the market to reduce poverty and boost economies in some of the world's most deprived areas. But in recent months the work of microfinance institutions (MFIs), which provide small loans to poor people with no access to traditional banking services, has come under scrutiny after a spate of suicides in the Indian province of Andhra Pradesh was linked...

“Efforts of Empowered Committee set up to monitor the works ineffective” The third report of the Shunglu Committee on “City Infrastructure,” which has been submitted to the Prime Minister and “is being examined,” has severely indicted the Delhi government for its handling of the works and also noted that the efforts of the Empowered Committee, constituted to overlook them, were also “by and large ineffective.” It said while Rs.254 crore in ‘undue...

In letters to Prime Minister, he pitches for the project to continue and vouches for rehabilitation Digvijay urged Manmohan to get Environment Ministry to withdraw order suspending work He also said the State had made substantial progress in rehabilitation While he seldom misses an opportunity to attack the ruling Bharatiya Janata Party government in Madhya Pradesh, documents recently accessed through the Right to Information Act show that the former Chief Minister and AICC...

Haryana government has made all arrangements for smooth procurement of wheat during the Rabi season-2011. The state government was committed to make the payments to farmers within 48-72 hours, said state minister for food and supplies minister HS Chattha here on Thursday. The minister said the state arranged cash Credit limit of R7,373 crore for purchase of wheat from Reserve Bank of India. Chattha said that wheat procurement season had been notified...

For several months now, Punjab government schools have not received money for the mid-day meal scheme. Teachers have been spending from their own pockets or buying rations on Credit to feed the children. The Education department has attributed the delay in payment to non-release of funds by the Finance department. In Bakhtra village in Sangrur, teachers say they are buying food because the people who send their children to school are very...