-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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Sacked Open Journalist Says He’ll Go to Court-Vibhuti Agarwal
-Wall Street Journal Blog The political editor of one of India's leading English-language weekly magazines, says he will take legal action over his sacking after he was allegedly offered thousands of dollars to leave the company quietly. "I got a termination letter after I refused to take 1.5 million rupees ($23,788) to leave the company on congenial terms," said Hartosh Singh Bal who left Open magazine on Wednesday. "I won't stay silent. I...
More »Where do Indians defecate? -Richard Mahapatra
-Down to Earth Half of India's population defecates in the open. In all probability, they will continue to do so for the next 10 years By the time you read this article, some 600 million Indians must have taken that first call of nature. But for most, it must have been very unusual: to take that hesitant and humiliating step out of their homes to defecate in the open. Everyday, an...
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...
More »Health and education must be country’s central agenda -Sitaram Yechury
-The Hindustan Times The current electoral discourse shows an amazing disconnect with the actual reality of the deteriorating livelihood conditions of our people. The other day, the BJP PM aspirant thundered in Bangalore that the BJP seeks to create confidence and not fear among the people. The 2002 Gujarat communal pogrom makes this sound incredulous. There is nothing in the BJP's campaign pitch that offers any solution or a methodology for...
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