-The Hindu To the long list of 28 public sector banks in India, one more was added with the inauguration of the Bharatiya Mahila Bank (BMB) on Tuesday by Prime Minister Manmohan Singh. The bank is unique in more ways than one. It will focus predominantly on women, apart from being staffed largely by them. To the BMB will go the distinction of being the first-ever public sector bank to...
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Missing women
-The Business Standard The structural changes in India's rural workforce Seldom in the past has the country's labour market gone through structural changes faster than it has in recent years. Apart from a sharp decline in the proportion of workers employed in agriculture, the perceptible withdrawal of women from the workforce is the most striking feature of India's labour market. Going by the numbers the census and the National Sample Survey Office...
More »Mamata Committed to Get Banking Facilities in All Villages
-Outlook Kolkata: West Bengal Chief Minister Mamata Banerjee today said two years form now no Gram Panchayat would be there in the state without banking service and welcomed all nationalised banks to come forward and open branches in the villages to boost rural economy. Launching 50 branches and 20 ATMs of the United Bank of India (UBI) at a function at the state Secretariat, Banerjee said out of 32,090 Gram Panchayats in...
More »India 'Missing' 3.75 Crore Toilets: Sanitation Activists
-Outlook New Delhi: Sanitation activists today observed 'World Toilet Day' and alleged that 3.75 crore lavatories in India as claimed by Ministry for Rural Development did not exist and were "missing". Activists of Right to Sanitation (RTS) Campaign's India chapter demanded an inquiry into the "huge gap" in the number of toilets existing on the field and the number provided in the data by the Rural Development Ministry and Census 2011. On the...
More »Women’s bank learns from elder sibling in Maharashtra -Surabhi
-The Indian Express For the Bharatiya Mahila Bank, the country's first pan-India national women's bank, it is a humble rural cooperative women's venture in Maharashtra that has provided the critical input to succeed: How to lend to women who do not have collateral to back their loans. Chetna V Sinha, founder and chairperson of Mann Deshi Mahila Sahakari Bank, explained that this is the prime weakness in giving loans to women. The...
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