-CNN-IBN Prime Minister Manmohan Singh released the first-ever citizens' report on child malnutrition in the national capital on Tuesday. "The problem of malnutrition is a national shame," the Prime Minister said. The statistics in the HUNGaMA (Hunger and Malnutrition) report say that every third malnourished child on the planet is an Indian. The report, on the survey conducted by Naandi Foundation, has been made at the insistence of the Citizens' Alliance against...
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Rural women turn bankers by Gagandeep Kaur
Neglected by conventional banks, low-income women in Satara have set one up themselves. Not long after Chetna Gala Sinha came to the drought-stricken region of Mhaswad in western Maharashtra to marry a farmer and prominent local social activist, she began putting her university degree in finance into action. Local women, she observed, were wearing themselves out in subsistence livelihood such as growing grapes or selling vegetables. In 1992, Chetna, who grew up...
More »Biz body backs Ficci on AMRI by Rudra Biswas
It’s not only the Calcutta business chambers that have come out in support of the Federation of Indian Chambers of Commerce and Industry’s (Ficci) reproachful stand on the way the Bengal government is handling investigations into the AMRI fire tragedy. Closer home, Federation of Jharkhand Chambers of Commerce and Industries (FJCCI) also feels that the police action against seven directors of AMRI Hospitals, Dhakuria, “was not completely non-discriminatory”. A day after Bengal...
More »Central fund to buy equity in Dalit firms likely
-The Times of India Dalit Venture Capital Fund is the next big idea as the Centre looks to roll out 'procurement quota' in government purchases from small and medium enterprises (SMEs). The Fund would seek to buy equity in Dalit companies to provide capital support as investment. The Centre is mulling creation of a special purpose vehicle or a capital support system to help develop Entrepreneurs among scheduled castes and tribes. The...
More »FDI in multi-brand retail still on govt’s mind: FM
-The Times of India Finance minister Pranab Mukherjee said on Friday that opening up of the multi-brand retail sector to foreign investment was still on the "mind of the government" and it would be pursued once consensus emerged among political parties and other stakeholders. Mukherjee blamed lack of consensus among political parties for the government's inability to implement the reform measure but said it did not reflect the lack of intention or...
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