-PTI Hyderabad: Country's only listed micro lender SKS Microfinance today said it plans to resume lending operations in Andhra Pradesh soon, two years after the state government came out with a stringent laws to regulate the industry. SKS Chief Financial Officer, Dill Raj said the recent Supreme Court's interim order was of great relief to them and paves way to resume operations in the state. "That is primary relief we got (from the...

-The Business Standard Kolkata: Abhijit Vinayak Banerjee, Ford Foundation International professor of economics at the Massachusetts Institute of Technology, has slammed the government's Right To Education (RTE) programme. This, he said, was only a step towards ensuring a means of livelihood for teachers. Banerjee said the programme, implemented in 2009, lacked sense. He said he wasn't hopeful about the outcome of the initiative. "It is simply for the teachers, by the teachers,...

Groups from across India gathered in Delhi recently to assess the Forest Rights Act’s journey since 2006. The law is often dubbed as ‘landmark’ because it ended the age-old illegality surrounding communities living in forest areas by entitling them to individual and community land title. It also went beyond the colonial paradigms of the forest bureaucracy to recognise community efforts at protecting and preserving forests. Numerous groups and individuals working...

-PTI MUMBAI: The annual economic survey, tabled in the Maharashtra Legislature today ahead of the presentation of State budget for 2013-14 tomorrow, reveals a decline in agriculture growth in the state. "The agriculture sector growth has declined by 1.4 per cent, the growth of agriculture and allied sectors has declined by 2.1 per cent. The industry sector is expected to grow at 7 per cent, while the services sector is expected to...

-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...