Sample some data on the microfinance performance in India: According to the data provided by www.mixmarket.org, microfinance in India reached close to 270 lakh active borrowers in 2009, with the average loan size close to Rs 8,000. This translates into total borrowing to over Rs 20,000 crore. Though this number seems large, it represents only 0.3% of our GDP. Thus, large swathes of poor, both in our villages and urban...
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Throwing off the yoke of manual scavenging by Vidya Subrahmaniam
The obnoxious practice will continue in one form or the other, as long as the government and society treat certain so-called menial jobs as the preserve of one community. On November 1, a unique journey will come to a ceremonious end in Delhi. Earlier this month, five bus loads of men and women headed out from different corners of the country with one slogan on their lips: honour and liberation for...
More »NAC's compromise proposes wider food security coverage by Smita Gupta
The National Advisory Council (NAC) — which has been working hard over the last month to try and narrow down its differences with the Planning Commission and the government on the contentious issue of food security — is meeting here on Saturday to look at an amended proposal. The NAC's food hardliners have finally accepted, after several informal interactions with the Commission and government representatives, that universalisation of food security...
More »Food security should be measured in terms of consumption: VP
Vice-President M Hamid Ansari today said it is "anomalous" that over 250 million Indians were chronically undernourished although the nation has achieved self-sufficiency in foodgrain production. "This is anomalous looking at record food grain production in recent years," Ansari said quoting Food and Agriculture Organisation reports while delivering the convocation address at the Orissa University of Agriculture and Technology (OUAT) here. Stating that the country has achieved self sufficiency in food grain...
More »UPA-II to unveil 'slum-free India' dream scheme by Mahendra Kumar Singh
UPA-II's ambitious programme to make the nation slum-free within five years is all set to take off as the housing and urban Poverty Alleviation ministry has finalised the scheme, and how now sent it to finance ministry for approval. Last year, the government had announced the launch of Rajiv Awas Yojana (RAY) aimed at making cities slum-free, addressing the problems of slum-dwellers and urban poor in a definitive and holistic manner....
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