-Outlook Gadchiroli: A poor tribal woman has been running from pillar to post for the last 15 days to open a bank account. In absence of a bank account, Sarika Sanjay Madavi, who has a two-month-old child, is unable to avail benefit of a financial assistance scheme of the Maharashtra Government. The 25-year-old resides with her husband and mother- in-law in village Chatgaon under Dhanora taluka of this Eastern Maharashtra district, which is...
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Microfinance and the Challenge of Financial Inclusion for Development-Jayati Ghosh
-Macroscan.com The author reviews the effectiveness of microfinance in developing countries by studying the experience of the state of Andhra Pradesh in India. Please click here to access the entire article This article was originally published in the Cambridge Journal of Economics 2013, 1 of 17. ...
More »Owning the streets -Sharit K Bhowmik
-The Indian Express The street vending bill goes a long way in securing the livelihood of the urban poor. The Street Vendors (Protection of Livelihood and Regulation of Street Vending) Bill, passed by Lok Sabha on September 6, 2013, is a landmark piece of legislation for the urban poor. It is the culmination of the efforts of organisations like the National Association of Street Vendors of India (NASVI) and the Self...
More »Government seeks to woo Nitish with new backward state measure
-The Times of India NEW DELHI: An expert committee under chief economic advisor Raghuram Rajan has identified 10 parameters for a new Composite Development Index, whose adoption by the Centre will change the way thousands of crores are transferred annually and can potentially set the stage for realignment of political forces in Bihar before the 2014 polls. The new index seeks to rate states on the basis of their distance from the...
More »Address TN's concerns in Food Bill: Jayalalithaa tells PM
-PTI Chennai: Flaying the Centre for "unilaterally" and "hastily" promulgating the National Food Security Ordinance 2013, Tamil Nadu Chief Minister J. Jayalalithaa on Saturday urged Prime Minister Manmohan Singh to replace the ordinance with a Bill which addresses the state's concerns. "The union Government has unilaterally and hastily promulgated the National Food Security Ordinance, 2013. Though the Ordinance claims to provide food security to all, unfortunately, contrary to such a claim, there...
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