A number of welfare schemes for women launched, says Minister The Laadli girl child welfare scheme has proved to be a big success with 140,006 girls being registered under it in 2009-10 and as many as 17,085 girls receiving the final maturity payment through their Bank Accounts, Delhi Social Welfare Minister Kiran Walia said here on Tuesday. Speaking about the performance of various social welfare schemes during the year, Prof. Walia said...
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Shocked by meagre compensation, farmer dies in bank by M Venkateswara Rao
A farmer died of broken heart over meagre assistance that he got from the government for the crop loss he suffered two years ago. Venna Peddaseshi Reddy (50) of Peddagarlapadu village, 15 km away from here, raised paddy, cotton and red chilli on two acres of his own land and two more acres on lease as a tenant. He lost all the three crops due to the rains in October and...
More »Banks want RBI to watch MFIs
Fearing a default from Andhra Pradesh-based microfinance institutions (MFIs), whose cash flows have been disrupted by new laws, lenders have asked RBI to ensure stability by bringing the sector under its purview. In a meeting called by the Reserve Bank to discuss funding of MFIs, it asked banks whether the institutions were repaying loans on time and if the end-borrower was suffering because of the credit crunch faced by them. RBI...
More »Unique Identity, Leakages and Development by Jayati Ghosh
For some reason, governments - as well as the development ''industry'' as a whole - have always had a tendency to look for universal panaceas, particular silver bullets that will solve all or most of their implementation problems and somehow achieve the development project for them. The latest such initiative bullet that seems to have been accepted as a silver bullet is the Unique Identification Project, which is now seen...
More »Money for nothing. And misery for free by Rohini Mohan
IT WAS a windfall five years ago that taught Panchali Satyavva the power of a lie. It happened one Monday afternoon in Someshwar village of Nizamabad district in Andhra Pradesh. It was raining in sheets and she had just placed a bucket under the steady trickle of water from the roof of her hut. Two men were at her door, holding umbrellas and offering her an unsolicited Rs. 5,000. They...
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