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Jairam wants financial institution for self-help groups-Priscilla Jebaraj

-The Hindu   "If we are going to be serious about supporting women's SHGs, then we need a development finance institution" Finance Minister P. Chidambaram's proposal to establish a bank exclusively for women - which he described as the highlight of this year's budget - may have garnered applause from across party lines in Parliament and could be set up as early as October; but that hasn't stopped his Cabinet colleague and Rural...

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1,800 kids worldwide die daily due to unsafe water: UN report

-PTI Nearly 2,000 children around the globe, under the age of five, die every day from diarrhoeal diseases linked to unsafe water, poor sanitation and hygiene, with 24 per cent of the deaths occurring in India alone, a U.N. report has warned. Globally, an estimated 2,000 children under the age of five die every day from diarrhoeal diseases and of these some 1,800 deaths are linked to water, sanitation and hygiene,...

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Andhra Pradesh to challenge SC interim order on SKS-Dinesh Unnikrishnan

-Live Mint State govt says did not receive notice from SC before order was issued; SKS shares fall 19.63% in intra-day trade Mumbai: Andhra Pradesh, once the largest market for microlenders and home to India's lone listed such institution SKS Microfinance Ltd, said on Thursday it would challenge the Supreme Court's recent interim order allowing the company to resume operations in the southern state, driving the stock down by almost 20%...

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Singapore stands tall against US in balancing growth with social and economic Equity -Joseph Stiglitz

-The New York Times Inequality has been rising in most countries around the world, but it has played out in different ways across countries and regions. The US, it is increasingly recognised, has the sad distinction of being the most unequal advanced country. Singapore, meanwhile, has had the distinction of having prioritised social and economic Equity while achieving very high rates of growth over the past 30 years: an example par excellence...

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Language of merit

-The Hindu Widespread criticism of the changes notified recently by the Union Public Service Commission involving the language component in the Civil Services examination has forced the Union government to put those plans on hold pending review. The “language bias” allegation that has been made by almost all the detractors is centred on the perception that English has been given a more prominent place in the scheme of things compared to...

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