It will provide credit risk guarantee to banks on the loans Prime Minister Manmohan Singh on Tuesday announced that the Centre was considering setting up a credit risk guarantee fund with a corpus of Rs. 1,000 crore, to start with, to encourage banks to lend to the poor for housing. Emphasising that developing housing for the poor was critical for sustainable urban development, he said: “To encourage banks to lend in significant...

An unprecedented economic growth during the last decade has also seen increasing malnutrition, hunger and starvation amongst certain sections of society. India ranks 66 in the Food and Agriculture Organisation’s (FAO’s) World Hunger Index of 88 countries (Inter-national Food Policy Research Institute). More than 200 million people in this country are denied the right to food. One-third of all underweight children (57 million) in the world due to lack of...

Health is a state of mental, social and physical well-being and not merely an absence of disease or infirmity. To achieve this noble objective, India requires health care professionals who are trained in institutions with standardised infrastructure, and the availability of accessible and equitable health care for both the rural and urban populace. Recently, the health sector has been in the news — from the creation of a rural based...

It has to be but a means to development, not an end in itself Is India doing marvellously well, or is it failing terribly? Depending on whom you speak to, you could pick up either of those answers with some frequency. One story, very popular among a minority but a large enough group—of Indians who are doing very well (and among the media that cater largely to them)—runs something like...

Government officials went gaga in schools over Global Handwashing Day on October 15, but the Supreme Court ruling on October 18 that directed all states to come up with permanent toilets in every cradle by December 31, 2011, has left them cold. Why? The first they knew was tokenism. The second is a Herculean task. There are no functional toilets in more than half of Jharkhand’s 40,000 government schools. The apex court bench...