In a significant step towards foolproof monitoring of micro finance Institutions (MFIs) and gaining first-hand information on multiple lending, excessive rural indebtedness and irregularities in the sector, the state government has constituted four working committees that would integrate various databases of SHG bank linkage, ration cards & borrowers' data being submitted by MFIs on a priority. These committees would create and maintain the website on MFIs and also help in responding...

The Centre on Thursday asked the states to appoint dedicated staff in each panchayat for effective implementation of rural development schemes, saying no goals could be achieved without them. “We are spending Rs40 lakh each year on various functionaries in Panchayats and there is no one (visible) except the gram sevaks,” union minister for rural development C. P. Joshi said while addresing a conference of state ministers on total sanitation here. “There...

All school children across the country will soon have unique identification numbers (UID) which will help in tracking their movement in educational Institutions and academic records. This follows the signing of a Memorandum of Understanding between the Union Human Resource Development Ministry and the Unique Identification Authority of India (UIDAI) here on Wednesday. The system will help in tracking students' mobility by creating an electronic registry, right from the primary level through...

The United Nations independent expert on the right to education today outlined his priorities, promising to pay attention to gender equality in education, look into quality with a special focus on improving conditions for teachers, and explore innovative education financing mechanisms. Kishore Singh, who was appointed as UN Special Rapporteur on the right to education by the UN Human Rights Council in June, said he would also look into ways of...

A worried government has put on fast track the proposed bill to regulate micro-lenders, as it seeks to ensure that over-regulation by states does not kill the sector that is envisaged to play a big role in furthering financial inclusion. The finance ministry could move a bill in the winter session of Parliament that will make Nabard responsible for regulation of all non-profit microfinance Institutions structured as trusts, cooperatives, or mutual...