Even before the Reserve Bank of India (RBI) finalizes the guidelines for handing out new bank licences, its draft proposal has evoked unease in the National Bank for Agriculture and Rural Development (Nabard), which oversees the country’s 82 regional rural banks (RRBs). Nabard has taken exception to the banking regulator’s proposal to allow industrial houses to take over RRBs and convert them into full-fledged banks, saying such a move could dilute...

In an unprecedented United Nations-supported initiative, people who cannot see and those who have other forms of visual disability will have access to published works through publisher intermediaries who will create accessible formats of publications and share them with specialized libraries. The new arrangement was announced today at the of the UN World Intellectual Property Organization (WIPO) meeting in the Indian capital, New Delhi. It is estimated that only five percent of...

Dalit activist Meena Kandasamy: This is something that has to be changed Dalits make up more than 16% of India's population of one billion. Yet, despite years of campaigning and state intervention, many of them still face discrimination in society. Their hardship has been highlighted at an exhibition in London. A little girl leans against a stained turquoise concrete wall. You first notice her face, which appears deep in thought - then your...

One billion people worldwide still live in extreme poverty Agricultural growth remains central to poverty reduction, as one billion people worldwide continue living in extreme poverty, many of them in rural areas, a World Bank Group on agriculture, the Independent Evaluation Group (IEG), said in a report released on Tuesday. Drawing on the World Bank Group's (WBG) experience in supporting agricultural growth in the past decade, the report — Growth and Productivity...

State-owned trading firm MMTC Ltd, the Indian Farmers Fertiliser Cooperative (Iffco) and the conglomerate Bharti Enterprises plan to join the growing number of Indian entities engaged in commercial farming in Africa. Cheap land and labour costs in Africa are attracting a number of Indian firms with interest in agriculture. A large number of people in East African countries such as Kenya work in the cultivation of tea, coffee, corn, vegetables, sugarcane,...