Citi Centre of Financial Literacy, housed in the SEWA-promoted Indian School of Microfinance for Women (ISMW), plans to train children in rural areas to open bank accounts across the country. The centre also plans to teach children the fundamentals of saving and the utilisation of financial resources. It aims to collaborate with the Indian Institute of Banking and Finance for this initiative. "We are planning to build a rural cadre of...
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SEWA founder worried over rural lenders' excesses
The controversy sparked by suicides and harassment of the rural poor by micro finance institutions has the Self-Employed Women's Association (SEWA) founder and Ramon Magsaysay award winner Ela Bhatt worried. Ahmedabad-based Bhatt, who set up SEWA in 1972 and is considered a pioneer in the field of micro credit in India, called the big boys of the micro finance industry for an informal chat on Monday. However, she is learnt to...
More »No guarantees anymore by Sowmya Sivakumar
The Mahatma Gandhi National Rural Employment Guarantee Act, which has revitalised the rural landscape across the country, stands diminished in the land of its birth, Rajasthan, hijacked and held to ransom by vested interests and stripped of its backbone of an open social audit. As the Andhra experience has shown, there is one ingredient that can bring back its vitality: institutionalising citizen audits. But, is the Rajasthan government up to...
More »Media invited to witness the real dance of democracy
Media persons from all over the country have a great opportunity to witness the dance of democracy in Jaipur beginning Gandhi Jayanti. A peaceful ‘dharna’ organized by grassroots organizations like the MKSS and RTI Manch, among others, is already attracting some of India’s top writers, editors, development thinkers and civil society activists, besides thousands of common people from all across Rajasthan. The movement will continue indefinitely from October 2 onwards...
More »NAC members blast execution of NREGA, call it 'anti-labour'
Members of the National Advisory Council (NAC) Aruna Roy and Jean Dreze have accused the UPA government of being “increasingly anti-labour” in their assessement of the national rural employment guarantee programme, on its fifth anniversary. With support from several activists associated with the government’s flagship social sector scheme, they have alleged that the “contractor mafia”is increasingly dominating in the states, minimising the potential to create remunerative employment through the programme. According to...
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