-The World Bank About 7.8 million rural people are expected to directly benefit from the project NEW DELHI: The government of India and the World Bank today signed a $500 million credit agreement to improve piped water supply and sanitation services through decentralized delivery systems in the states of Assam, Bihar, Jharkhand and Uttar Pradesh. The credit agreement for the Rural Water Supply and Sanitation (RWSS) Project for Low Income States was signed...
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A detailed map for financial inclusion-CRL Narasimhan
-The Hindu The report of the Reserve Bank of India (RBI)-appointed Committee on Comprehensive Financial Services for Small Business and Low Income Households has been placed on the central bank's website for comments. Considering the voluminous nature of the report and even more pertinently its complex and, detailed treatment of the subject, the deadline for receiving comments, now set at January 24, would, in all probability, need to be extended. The report packs...
More »Housing For Poor Can Spur Economic Growth
A new report on India's housing sector confirms with facts and figures what has been suspected all along: that despite growing demand for affordable housing, supply side responses have been weak and sluggish. This means even though the housing sector can directly impact employment and income generation, and has multiple forward and backward linkages with various industries, it needs innovative ideas, pro-poor thinking and policy stimulus. (See link below for...
More »Women in the forefront of fighting climate change through the ‘gola’ -Ajitha Menon
-Women's Feature Service The ‘gola' or grain basket, built on elevated ground in Goyadham village in Sunderban's South 24 Parganas district, West Bengal, is central to the food security of several households here. As Sofia Bibi, 45, says, "The grain is protected from the recurrent flooding and storms and we are ensured of a regular supply when there is no agricultural work during the months of September to November and March to...
More »Reforms’ unintended fallout -Ashoak Upadhyay
-The Hindu Business Line A mint-fresh working paper by the Reserve Bank of India once again trains the spotlight on a problem that, for five decades, every policy-maker has planned to snuff out, failed to, and then wished it would go away if ignored. But financial exclusion simply hasn't, and we now have the central bank applying its forensic skills to an examination of its magnitude. The title of Working Paper Series...
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